Brett has 5/6 of his monthly income left to spend. He has budgeted 1/8 of his income for a new video game and 1/3 of his income
for savings. Determine if each statement is true or false a. Brett will have 7/8 of his income left if he only buys the video game.
b. Brett will have 1/2 of his income left if he only puts money in savings.
c. Brett will have 3/8 of his income left after buying the video game and putting money in savings.
The probability of losing per flip is 1/2. Multiply 1/2 by itself 6 times since the condition is asking for the probability for the person to lose 6 times in a row. 1/2 * 1/2 * 1/2 * 1/2 * 1/2 * 1/2 = 1/64. The answer is 1/64.
