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As an incentive to get new customers, the local branch of a bank launched \"boun

ID: 3266301 • Letter: A

Question

As an incentive to get new customers, the local branch of a bank launched "bouncing for bucks." During this week long event, any 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 new checking account. The way the box was labeled is shown below. What is the probability that a customer does not get $50? (Round to two decimal places.) 10 30 10 30 10 20 10 50 10 20 A. 0.80 B. 0.90 C. 0.50 D.0.99

Explanation / Answer

There are one observation of 50 out of ten observations.

So probability of getting 50 out of ten observations is 1/10.

Therefore probability that customer does not get 50 is 1 - 1/10.

That is 9/10 = 0.90