Question: A spinner is broken into sections labeled 1-38. What is the probability that on your next spin you will spin a number less than 4?

  1. A spinner is broken into sections labeled 1-38. What is the probability that on your next spin you will spin a number less than 4? (answer in decimal form, round to 3 decimal places)
  2. If the probability that an individual with a bachelors degree will be hired in their first 6 months out of college is 82%, what is the probability that an individual with a bachelors degree will not get hired within the first 6 months?
  3. The expected value of a carnival game is -4.50, and the cost to play the game is $10. Determine the fair price to play the game?

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