
David W. answered 01/27/18
Tutor
4.7
(90)
Experienced Prof
12 slices as follows:
value number
10% 6
20% 3
40% 2
100% 1
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Total 12
Now, you must assume that the likelihood of getting each of the 12 slices is exactly the same. If so, the definition of probability applies:
Probability = (number of successful outcomes) / (number of possible outcomes)
A) What is the probability that a customer gets at least a 40% discount?
"at least" means this value or greater
P(≥40%) = (2+1)/12 = 3/12 = 1/4 or 25%
B) . . . o.k., you're on a roll !!
[Note: a probability of 1, or 100%, means certainty. Therefore,
the probability of NOT something is just 1-P(something), or 100%-P(something).]