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For more than two decades, Jude Werra, president of an executive recruiting firm, has tracked executive resumes to determine the rate of misrepresenting education credentials

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For more than two decades, Jude Werra, president of an executive recruiting firm, has tracked executive resumes to determine the rate of misrepresenting education credentials and/or employment information. On a biannual basis, Werra reports a now nationally recognized statistic known as the "Liars Index." In 2013, Werra reported that 18.4% of executive job applicants lied on their resumes. Suppose an executive job hunter randomly selects five resumes from an executive job applicant pool. Let X be the number of misleading resumes found in the sample. (a) What are the possible values of X ? (b) Use the binomial formula to find the P(X=2)

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