For more than two decades, the president of an executive recruiting firm has tracked executive resumes to determine the rate of misrepresenting education credentials and/or employment information. On a biannual basis, he reports a now widely recognized statistic known as the “Liars Index.” In 2018, it was reported that 15.9% of executive job applicants lied on their resumes. Suppose 5 resumes are randomly selected from an executive job applicant pool. What is the probability that all of the resumes are truthful?
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