Homework Answers
Answer -
Step - (1) - Information Given -
A radio station runs a promotion at an auto show with a money box with 14 $25 tickets, 11 $5 tickets, and 14 $1 tickets. The box contains an additional 20 dummy tickets with no value.
.
Step - (2) - Calculation of the Probability that three $25 prizes are chosen is -
Total tickets = (14+11+14+20) = 59
The Probability (P) of three $25 prizes are chosen is
P = 14C3 / 59C3
= 364 / 32509
= 0.01120
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