The “Liars Index” is a nationally recognized statistic reported biannually, indicating the rate of executive résumés that include misrepresented education credentials and/or employment information. The most recently reported Liars index is 24.39%, which means 24.39% of executive job applicants lied on their résumés. if there are 15 résumés for an executive position what is the probability that at most five had misrepresentation?
TOPIC:Binomial distribution.
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