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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

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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