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Determine the probabilities

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Question - The probability that a university graduate will not be offered any job within a month of graduation is estimated to be 5%. The probability of receiving one, two and three job offers has similarly been estimated to be 43%, 31% and 21% respectively. Determine the following probabilities:

(a) A graduate is offered fewer than two jobs.

(b) A graduate is offered more than one job.

(c) The expected number of jobs a graduate would be offered.

(d) The standard deviation of number of jobs a graduate would be offered.

Reference no: EM132847573

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