Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

probability

image text in transcribed
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 a recent report, Werra found that 24.39% 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? (List the values in ascending order. Give your answer with a comma as a separator.) possible values: (b) Use the binomial formula to find the probability of exactly two misleading resumes being included in the sample, P(X = 2). (Use decimal notation. Give your answer to four decimal places.) P(X = 2) = (c) Use the binomial formula to find the probability of at least one misleading resume being included in the sample, P(X 2 1). (Use decimal notation. Give your answer to four decimal places.) P(X 2 1 ) =

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finite Mathematics With Applications In The Management Natural And Social Sciences

Authors: Margaret Lial, Thomas Hungerford, John Holcomb, Bernadette Mullins

11th Edition

0321931068, 9780321931061

More Books

Students also viewed these Mathematics questions

Question

=+b. What is the ROI for this investment?

Answered: 1 week ago