Using the binomial probability relation, the probability that exactly 27 graduates earn a college degree is 0.069
Using the relation :
P(x = x) = nCx * p^x * q^(n-x)
Probability of exactly 27 graduates can be defined thus :
P(x = 27) = 200C27 × 0.15^27 × 0.85^173
P(x = 27) = 0.0686264
Therefore, the probability of selecting exactly 27 graduates is 0.069
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