A very large company has twice as many male employees relative to female employees. If a random sample of four employees is selected, what is the probability that all four employees selected are female?
Since there are twice as many male employees to female employees, P(male) = 2/3 and P(female) = 1/3. Therefore, the probability of 4 “successes” = (0.333)4 = 0.0123. |