The probability that a student graduating from Suburban State University has student loans to pay off after graduation is .60. If two students are randomly selected from this university, what is the probability that neither of them has student loans to pay off after graduation?
Accepted Solution
A:
Answer: 0.16Step-by-step explanation:Given: The probability that a student graduating from Suburban State University has student loans to pay off after graduation is =0.60Then the probability that a student graduating from Suburban State University does not have student loans to pay off after graduation is =[tex]1-0.6=0.4[/tex]Since all the given event is independent for all students.Then , the probability that neither of them has student loans to pay off after graduation is given by :-[tex](0.4)\times(0.4)=0.16[/tex]Hence, the probability that neither of them has student loans to pay off after graduation =0.16