Find the probability for the following data under Binomial distribution.
Business Ethics: Privacy Are your finances, buying habits, medical records, and phone calls really private? A real concern for many adults is that computers and the Internet are reducing privacy. A survey conducted by Peter D. Hart Research Associates for the Shell Poll was reported in USA Today. According to the survey, 37 percent of adults are concerned that employers are monitoring phone calls. Use the binomial distribution formula to find out the probability that
1) Out of 5 adults, none is concerned that employers are monitoring phone calls.
2) Out of 5 adults, all are concerned that employers are monitoring phone calls.
3) Out of 5 adults, exactly 3 are concerned that employers are monitoring phone calls.