Math Problem Statement

A study conducted at a certain college shows that 62% of the schools graduates find a job in their chosen field within a year after graduation. Find the probability that among 9 randomly selected graduates, all of them find a job in his or her chosen field within a year of graduating. Round your answer to four decimal places.

Solution

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Math Problem Analysis

Mathematical Concepts

Probability
Binomial Distribution

Formulas

P(all successful) = p^n
p = probability of success, n = number of trials

Theorems

Binomial Probability Theorem

Suitable Grade Level

Grades 10-12