Question: At a new exhibit in the Museum of Science people

At a new exhibit in the Museum of Science, people are asked to choose between 50 or 100 random draws from a machine. The machine is known to have 60 green balls and 40 red balls. After each draw, the color of the ball is noted and the ball is put back for the next draw. You win a prize if more than 70% of the draws result in a green ball.
Would you choose 50 or 100 draws for the game? Explain.

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  • CreatedJanuary 28, 2015
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