Using the hypergeometic distribution, it is found that there is a 0.0175 = 1.75% probability that all three have a PhD.
The applicants are chosen without replacement, hence the hypergeometric distribution is used to solve this question.
The formula is:
[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}C_{N-k,n-x}}{C_{N,n}}[/tex]
[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]
The parameters are:
In this problem, the values of the parameters are as follows: N = 20, k = 6, n = 3.
The probability that all three have a PhD is P(X = 3), hence:
[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}C_{N-k,n-x}}{C_{N,n}}[/tex]
[tex]P(X = 3) = h(3,20,3,6) = \frac{C_{6,3}C_{14,0}}{C_{20,3}} = 0.0175[/tex]
0.0175 = 1.75% probability that all three have a PhD.
More can be learned about the hypergeometic distribution at https://brainly.com/question/24826394