Knowee
Questions
Features
Study Tools

Anna owns a small business selling used books. She knows that in the last week 29 customers paid cash, 26 customers used a debit card, and 62 customers used a credit card.Based on these results, express the probability that the next customer will pay with cash as a percent to the nearest whole number.

Question

Anna owns a small business selling used books. She knows that in the last week 29 customers paid cash, 26 customers used a debit card, and 62 customers used a credit card.Based on these results, express the probability that the next customer will pay with cash as a percent to the nearest whole number.

🧐 Not the exact question you are looking for?Go ask a question

Solution

To find the probability that the next customer will pay with cash, we first need to find the total number of customers.

Step 1: Add up the number of customers who paid with each method. 29 (cash) + 26 (debit) + 62 (credit) = 117 total customers

Step 2: To find the probability that the next customer will pay with cash, divide the number of customers who paid with cash by the total number of customers. 29 (cash) / 117 (total customers) = 0.2478

Step 3: To express this probability as a percentage, multiply by 100. 0.2478 * 100 = 24.78%

Step 4: Round to the nearest whole number. The probability that the next customer will pay with cash is approximately 25%.

This problem has been solved

Similar Questions

Alexander owns a small business selling used books. He knows that in the last week 70 customers paid cash, 3 customers used a debit card, and 39 customers used a credit card.If next week, he is expecting 500 customers, about how many would you expect to pay with a debit card? Round your answer to the nearest whole number.

Layla owns a small business selling clothing. She knows that in the last week 52 customers paid cash, 20 customers used a debit card, and 11 customers used a credit card.Based on these results, express the probability that the next customer will pay with something other than a credit card as a decimal to the nearest hundredth.

Autumn owns a small business selling ice-cream. She knows that in the last week 108 customers paid cash, 8 customers used a debit card, and 4 customers used a credit card.If next week, she is expecting 1800 customers, about how many would you expect to pay with a debit card? Round your answer to the nearest whole number.

Laptop buyers can pay their purchases in cash, or using a credit card, or a debit card. The manager observed that55% of the shoppers used credit cards, 15% paid in cash, and the rest paid with their debit cards.a. Write the sample space:b. Assign the probability for each sample space.

In a bank an average of 5 out of every 10 customers ask for opening a new account. A random sample of 20 customers is selected. Calculate the probability that exact 7 customers ask for opening a new account. Round your answer four decimal places.

1/2

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.