Past company records demonstrate that 85% of new hires successfully complete their probation period.Suppose 3 newly hired individuals are randomly selected.If new hires successfully complete their probation period independently of each other,what is the probability that all will complete the probation period?
A)487
B)553
C)614
D)732
E)850

Question

Quizplus · Accepted Answer

The probability of each new hire completing their probation period is 0.85.
Therefore, the probability that all three new hires complete their probation period is:
0.85 x 0.85 x 0.85 = 0.614
Therefore, the probability that all three new hires will complete the probation period is 0.614 or 61.4%.

Past Company Records Demonstrate That 85% of New Hires Successfully