Answer:
0.0718
Step-by-step explanation:
Given that there are 7 black balls and 8 red balls.
Probability of an event E is given as:

The required probability that exactly one black ball is drawn out of 4 drawn balls = Probability of drawing 1 black ball
Probability of drawing 3 black balls.
First of all, let us see the probability of drawing one black ball:
Number of favorable cases = 7 (Total number of black balls)
Total number of cases = 15 (Total number of black balls and red balls)

Now, have a look at probability of choosing 3 red balls:
We have to choose 3 red balls out of 8 balls:
Total number of favorable cases =
= 8 
Now, one black ball is already chosen, so total 14 balls are left out of which 3 balls are to be chosen.
So, total number of cases = 

The required probability =

So, the required probability is <em>0.0718.</em>