Carey needs $60 to buy her mothers a gift. She has saved 25% of that amount so far. How much has she saved so far?
1 answer:
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Answer:
0.0786
Step-by-step explanation:
It is given that Bartholemew had drawn the replacement of 160 tickets.
There are five tickets = [0, 0, 0, 1, 2]
Now we need to find the estimate of the ticket that has 1 on it and it turns up on the 32 draws exactly.
Since the probability of the drawing 1 out of 5 tickets is given by,
So the binomial with the parameter of n = 160 and p = 0.2, we get
P (it turns up on exactly 32 draws) = P(X = 32)
Therefore,
= 0.0786