(3 × 1,000) + (4 × 100) + (5 × 10) + (2 × 1)
2 answers:
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Answer:
a) 0.1 = 10% probability of a tip of $200 or more.
b) 0.4 = 40% probability of a tip of up to $50.
Step-by-step explanation:
A probability is the number of desired outcomes divided by the number of total outcomes.
Distribution:
Total of 500 checks.
200 with tips in the interval of 0-20.
100 with tips in the interval of 20-50.
75 with tips in the interval of 50-100.
75 with tips in the interval of 100-200.
50 with tips of 200 or more.
a) What is the probability of a tip of $200 or more?
50 out of 500. So
0.1 = 10% probability of a tip of $200 or more.
b) What is the probability of a tip of up to $50?
200 out of 500. So
0.4 = 40% probability of a tip of up to $50.