Figure Zoe's net pay based on the following information: Zoe gets paid biweekly.
Her pay rate is $9.25 per hour
Week one, she worked 31 hours. Week two, she worked 20 hours.
Her deductions include the following:
FIT is $57.99.
Social Security is 6.2% of her cross pay
Medicare is 1.45% of her gross pay
Her county tax is 1% of her gross pay

The probability that all the graduated had starting salary of $40,000.00 is 0.00525.

Step-by-step explanation:

We are given that at of the Statistics graduates of a University 35%, received a starting salary of $40,000.00.

Also, 5 of them are randomly selected.

The above situation can be represented through Binomial distribution;

where, n = number of trials (samples) taken = 5 graduates

            r = number of success = all 5 had starting salary of $40,000

           p = probability of success which in our question is % of Statistics

                 graduates who received a starting salary of $40,000, i.e; 35%

LET X = Number of graduates who received a starting salary of $40,000.00

So, it means X ~ Binom(n = 5, p = 0.35)

Now, Probability that all the graduated had starting salary of $40,000.00 is given by = P(X = 5)

                   P(X = 5)  =  

                                  =  

                                  =  0.00525

Hence, the probability that all the graduated had starting salary of $40,000.00 is 0.00525.