A large company states in their promotional literature that 80 percent of their employees have college degrees. If 5 employees are selected at random from this company, what is the probability that all 5 will have college degrees?

The probability that one randomly selected employee has a college degree is 0.80. For all 5 employees to have degrees, multiply the probabilities: 0.80⁵ = 0.32768, which rounds to 0.3277. Therefore, the correct choice is B, 0.3277.

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