As an incentive to get new customers, the local branch of a bank launched 'bouncing for bucks.'

Question:

As an incentive to get new customers, the local branch of a bank launched 'bouncing for bucks.' During this week long event, an customer opening a new checking account with the bank would have the opportunity to throw a bouncy rubber ball into a large box divided into squares. Each square was labeled with a dollar amount that would be deposited into his/her checking account. The way the box was labeled is shown below. What is the probability that three customers in a row do not get $50?
30 10 10 10 20 50 10 20 10

a. 0.125
b. 0.300
c. 0.729
d. 0.970
e. 0.001

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780538481649

11th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

Question Posted: