It is known that 60% of the students at a large university have a job and 40% do not have a job. If two of these students are randomly selected what is the probability that one will have a job and one will not have a job
P(Atleast one out of three does not have a job)
= 1 - P(All three have a job)
= 1 - (0.60)3
= 0.784
P(One will have a job and one will not have a job)
= 0.480
Student have a job (p) = 60% = 0.60
Student have not a job (1-p) = 40% = 0.40
3 students are randomly selected.
Now, we have to find probability all 3 have job
P(all 3 have a job ) = p*p*p = 0.60 * 0.60 * 0.60 = 0.216
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