A Statistics Class at Wilmington College Has 25 Students of Which

question 87

Multiple Choice

A statistics class at Wilmington College has 25 students of which 15 are math majors and 10 are business majors. The professor randomly selects five students to work together on a group project. What is the probability that three or four of the students in this group are business majors?

• A)0.2965
• B)0.4461
• C)0.2154
• D)0.1350

---

Definitions:

Prior Service Credit

A pension plan feature that grants employees credit for service periods before the commencement of the pension plan, affecting their benefits.

Defined Benefit Pension Plan

A retirement plan where the benefits that an employee will receive upon retirement are defined based on a formula considering factors such as salary history and duration of employment.