The probability of a grand piano selling for more than $58,600 is 0.2727. As these pianos sell across the country, what is the probability that the first piano that sells for more than $58,600 is the fourth piano?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
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The probability of a grand piano selling for more than $58,600 is 0.2727. As these pianos sell across the
country, what is the probability that the first piano that sells for more than $58,600 is the fourth piano?
Transcribed Image Text:The probability of a grand piano selling for more than $58,600 is 0.2727. As these pianos sell across the country, what is the probability that the first piano that sells for more than $58,600 is the fourth piano?
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