A town recently dismissed 8 employees in order to meet their new budget reductions. The town had 9 employees over 50 years of age and 16 under 50. If the dismissed employees were selected at random, what is the probability that at least 7 employees were over 50? Express your answer as a fraction or a decimal number rounded to four decimal places.
Total employee = 9( over 50 ) + 16 ( under 50 ) = 25
8 employees are dismissed.
Total number of ways to select 8 employees from 25 is ,
{ Using excel, =COMBIN(25,8) = 1081575 }
We have to find P( at least 7 employees were over 50 ).
At least 7 means 7 or more than 7
There are two possible cases.
1) 7 employees over 50 and 1 employee under 50
2) All dismissed ( 8) employees are over 50
Number of ways for first case is ,
Number of ways for second case is ,
Total number of ways to select at least 7 employees were over 50 = 576 + 9 = 585
So , P( at least 7 employees were over 50 ) = 585 / 1081575 = 0.0005
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