Given the recent economic downturn, only 60% in a graduating class of 250 will find em ploym ent in the first round of a job search. You have 20 friends w ho have recently graduated.

a. Discuss th e sam pling distribution of th e sam ple proportion of your friends w ho will find em ploym ent in th e first round of a jo b search.

b. W hat is th e probability th a t less th an 50% of your friends will find em ploym ent in th e first round of a jo b search? L056