A radio station runs a promotion at an auto show with a money box with 12 $50 tickets, 10 $25 tickets, and 10 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Find the probability that three $50 prizes are chosen. The probability that three $50 prizes are chosen is (Round to five decimal places as needed.)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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A radio station runs a promotion at an auto show with a money box with 12 $50 tickets, 10 $25 tickets, and 10 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Find the probability that three
$50 prizes are chosen.
The probability that three $50 prizes are chosen is
(Round to five decimal places as needed.)
Transcribed Image Text:A radio station runs a promotion at an auto show with a money box with 12 $50 tickets, 10 $25 tickets, and 10 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Find the probability that three $50 prizes are chosen. The probability that three $50 prizes are chosen is (Round to five decimal places as needed.)
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