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July 24, 2014

July 24, 2014

Posted by **SMREY** on Sunday, June 3, 2012 at 4:06pm.

- statistics -
**MathMate**, Sunday, June 3, 2012 at 8:03pmAssume that there is an infinite number (or a large number) of physics graduates so that selecting 5 has negligible effect on the pool, then the proportion of well-paid graduates remains at 35%.

Then the probability for selecting one well-paid graduate is 0.35, and selecting 5 is 0.35^5=0.0053

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