Answer:

Check Explanation please.

Probability = 0.25.

Step-by-step explanation:

The Important thing to note here is that we have sixteen(16) different possible outcomes for this particular problem or question.

From the question above, we are given the following information or data: ''bag contains four chips of different colors, including red, blue, green, and yellow. A chip is selected at random from the bag and then replaced in the bag. A second chip is then selected at random"

Hence, the sixteen (16) different possible outcomes are; RR, RB, BB, BR, RG, GR, GG, RY, YR, YY, BG, GB, BY, YB, GY, YG.

To calculate the probability we need to used the numbers of f different colors divided by the number big possible outcomes, that is; 4/16 = 0.25.