Many utility companies promote energy conservation by offering discount rates to consumers who keep their energy usage below certain established subsidy standards. A recent report notes that 60% of island residents of a country have reduced their electricity usage sufficiently to qualify for discounted rates. If five residential subscribers are randomly selected from a city on this island find the probability of each of the following events. (Round your answers to three decimal places.)
a. At least four qualify for the favorable rates.
b. All five quality for the favorable rates.