Eight percent (8%) of all college graduates hired by companies stay with the same company for more than five years. (i) What is the probability, rounded to four decimal places, that in a random sample...

Extracted text: Eight percent (8%) of all college graduates hired by companies stay with the same company for more than five years. (i) What is the probability, rounded to four decimal places, that in a random sample of 15 such college graduates hired recently by companies, exactly 2 would stay with the same company for more than five years? (ii) What is the probability, rounded to four decimal places, that in a random sample of 15 such college graduates hired recently by companies, more than 3 would stay with the same company for more than five years? (iii) If 24 college graduates were hired by companies, how many are expected to stay with the same company for more than five years. (iv) Describe the shape of this distribution. Justify your answer using the relevant statistics.