Congratulations! You've won a chance to win a prize! All you have to do is pick a slip ofpaper out of the bowl. What's written on it is your prize. One piece of paper has "NewCar" on it, 5 have "iPhone 12 Pro Max", 10 have "$25 Gift Card", and 24 that have "FirmHandshake" on it. Complete a probability model using the table below for choosing oneof these at random. (Use fractions or decimals, not percentages.)QUESTION #1

Congratulations Youve won a chance to win a prize All you have to do is pick a slip ofpaper out of the bowl Whats written on it is your prize One piece of paper class=

Respuesta :

Determine the total number of slip in the bowl.

[tex]\begin{gathered} T=1+5+10+24 \\ =40 \end{gathered}[/tex]

Determine the probability for slip with "New car".

[tex]\begin{gathered} P\text{ (New car)=}\frac{1}{40} \\ =0.025 \end{gathered}[/tex]

Determine the probability for slip with "iPhone".

[tex]\begin{gathered} P\text{ (iPhone)=}\frac{5}{40} \\ =\frac{1}{8} \\ =0.125 \end{gathered}[/tex]

Determine the probability for slip with "Gift card".

[tex]\begin{gathered} P\text{ (Gift card)=}\frac{10}{40} \\ =\frac{1}{4} \\ =0.25 \end{gathered}[/tex]

Determine the probability for slip with "Handshake".

[tex]\begin{gathered} P\text{ (Handshake)=}\frac{24}{40} \\ =\frac{6}{10} \\ =0.6 \end{gathered}[/tex]

So answers are,

New car: 1/40 or 0.025

iPhone: 1/8 or 0.125

Gift card: 1/4 or 0.25

Handshake: 6/10 or 0.6