Each year a company selects a number of employees for a management training program at a university.

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Each year a company selects a number of employees for a management training program at a university. On average, 70% of those sent complete the program. Out of 7 people sent, what is the probability that

(A) Exactly 5 complete the program?

(B) 5 or more complete the program?

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Dec 28, 2023 05:09 AM

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Each year a company selects a number of employees for a management training program at a university.

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To calculate the probability for each scenario we can use the binomial probability formula PXk n cho...View the full answer

Finite Mathematics For Business Economics Life Sciences And Social Sciences

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