Of the Statistics graduates of a University 40 received a st

Of the Statistics graduates of a University 40%, received a starting salary of $45,000.00. If 6 of them are randomly selected, find the probability that all the graduated had starting salary of $45,000.00

Solution

As

P(started 45000) = 0.4

Then, if 6 are selected,

P(all 6 have started 45000) = 0.4^6 = 0.004096 [answer]