Step 1 :Given that the probability of an adult believing in reincarnation is 40%, we are asked to find the probability that exactly 4 out of 5 randomly selected adults believe in reincarnation. This is a binomial probability problem, where we have \(n=5\) trials (the number of adults), \(k=4\) successes (the number of adults who believe in reincarnation), and \(p=0.4\) (the probability of success on each trial). The formula for binomial probability is: \[P(X=k) = C(n, k) * (p^k) * ((1-p)^(n-k))\] where \(C(n, k)\) is the binomial coefficient, which gives the number of ways to choose \(k\) successes out of \(n\) trials.
Step 2 :Substituting the given values into the formula, we get: \[P(X=4) = C(5, 4) * (0.4^4) * ((1-0.4)^(5-4))\]
Step 3 :Calculating the above expression, we find that the probability is approximately 0.077.
Step 4 :Final Answer: The probability that exactly 4 out of 5 randomly selected adults believe in reincarnation is approximately \(\boxed{0.077}\).