A box contains 70% of tickets labeled 1 and 30% of tickets labeled 0. We draw 500 times with replacement from this box. Which option best describes what we will see? Group of answer choices The sample percentage will be exactly 70%. The sample percentage is very likely to be 70%, but there's a small chance it may be something different. The sample percentage probably won't be exactly 70%, but we expect it to be close to this value

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 59E
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 A box contains 70% of tickets labeled 1 and 30% of tickets labeled 0.

We draw 500 times with replacement from this box. Which option best describes what we will see?

Group of answer choices
The sample percentage will be exactly 70%.
The sample percentage is very likely to be 70%, but there's a small chance it may be something different.
The sample percentage probably won't be exactly 70%, but we expect it to be close to this value
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