Question

Of the 8 companies that win, two companies will also win use of the hospitality suite during an event of their choosing. What is the probability of a winning company, getting the use of the hospitality suite? Give your answer as a percentage.

Answer 1

Answer: The probability of a winning company getting the use of the hospitality suite is  25%.

Step-by-step explanation:

Since we have given that

Total number of companies that win = 8

Number of companies will also win use of the hospitality suite during an event of their choosing = 2

So, Probability of a winning company getting the use of the hospitality suite is given by

$\dfrac{2}{8}\\\\=\dfrac{1}{4}\\\\=\dfrac{1}{4}\times 100\\\\=25\%$

Hence, the probability of a winning company getting the use of the hospitality suite is  25%.

Answer 2

  The probability of a winning company getting the use of the hospitality suite is 12.5%