Probability of graduating is 73% = 0.73
Probability of not graduating = 1-73% = 0.27
Number of students (n) = 15
Number of graduates (x) = 8
Use the binomial probability formula:
P(x) = (n/x) *p^x * (1-p)^n-x
P(8) = 15/8 * 0.73^8 * 0.27^7
P(8) = 0.0543
Rounded to nearest hundredth = 0.05