document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1056162>Question 1056162</A>: <I><SPAN STYLE=\"word-break: break-all;\">  A soda company want to stimulate sales in this economic climate by giving customers a chance to win a small prize for ever bottle of soda they buy. There is a 30% chance that a customer will find a winning icon at the bottom of the cap upon opening up a bottle of soda. The customer can then redeem that bottle cap for a small prize. Now, if yours truly buys a 6-pack of soda\r<BR>\n" );
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document.write( "My question below\r<BR>\n" );
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document.write( "what is the probability that I will win something, i.e., at least winning a single small prize? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #671425 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=671425\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A soda company want to stimulate sales in this economic climate by giving customers a chance to win a small prize for ever bottle of soda they buy. There is a 30% chance that a customer will find a winning icon at the bottom of the cap upon opening up a bottle of soda. The customer can then redeem that bottle cap for a small prize. Now, if yours truly buys a 6-pack of soda <BR>\n" );
document.write( "My question below <BR>\n" );
document.write( "what is the probability that I will win something, i.e., at least winning a single small prize? <BR>\n" );
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document.write( "Probability a single bottle will NOT win a prize:: 0.7<BR>\n" );
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document.write( "P(none of 6 will win a prize) = 0.7^6 = 0.12<BR>\n" );
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document.write( "P(at least one of the 6 is a winner) = 1-0.12 = 0.88<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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