Answer: 19.3%
Step-by-step explanation:
If we randomly select 5 students, we know that each of them has a probability of 72% of finding a job in that year (or 0.72 in decimal form)
The joint probability in where the 5 of them have found a job, is equal to the product of the 5 probabilities:
P = 0.72*0.72*0.72*0.72*0.72 = 0.72^5 = 0.193
Where because all the students are in the same result, the number of permutations is only one.
If we want the percentage form, we must multiplicate it by 100%, and we have that P = 19.3%
