Starting Salaries Of the physics graduates of a university, 30% received a starting salary of $30,000 or more. If 5 of the graduates are selected at random, find the probability that all had a starting salary of $30,000 or more.

Step 1 of 2:

Given, five graduates are selected at random, 30% received a starting salary of %30,000 or more.

The claim is to find the probability that five had a starting salary of $30,000 or more.