Salem University's MBA program has a 55% acceptance rate.If you randomly select a sample of 20 applicants, how likely is it that 10 of the applicants will be accepted into the program?
A).1315
B).1987
C).1593
D).1823
E).1772

Question

Quizplus · Accepted Answer

The likelihood of exactly 10 out of 20 applicants being accepted can be calculated using the binomial probability formula. The correct probability, when calculated, is approximately 0.1593.

Salem University's MBA Program Has a 55% Acceptance Rate