A recent survey of 1004 employees found that 27% of them would lay off their bosses if they could. Complete parts a through d below based on a random sample of 10 employees.
a. What is the probability that exactly three employees would lay off their boss? The probability is (Round to four decimal places as needed.)
b. What is the probability that three or fower employees would lay off their bosses? The probability is (Round to four decimal places as needed.)