Feedback for In the product control division of Stan Bank, there are 5 associates who are holding qualifications such as CA’s, MBA’s, CFA’s and FRM. The VP of Product control division wants to create a team of 2 expert professionals for special assignment relating to IFRS 9. Assuming binomial distribution, calculate the probability of selecting 2 CA’s from the team if the probability of selecting a CA in any given attempt is 0.5 Where VP is going to interview all team members. 

I didnt get the question probably..

 the probability of selecting a CA in any given attempt is 0.5

but solution says P = 0.2 and q = 0.8

Location: Section Test 1 of Quants – Basic Statistics

I didnt get the question probably..

 the probability of selecting a CA in any given attempt is 0.5

but solution says P = 0.2 and q = 0.8

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