· Sixty percent of Americans read their employment construct, including the fine print

·         Sixty percent of Americans read their employment construct, including the fine print (“Snapshots,” usatoday.com, January 20, 2004). Assume that the number of employed who read every word of their contract can be modeled using the binomial distributions. For a group of five employees, what is the probability that:-

All five have read every word of their contract?  

Atleast three will have read every word of their contract?