SOLUTION: A coin was randomly drawn from a bag and then replaced. After 300 draws, it was found that 53 pennies, 68 nickels, 97 dimes, and 82 quarters had been drawn. Estimate the probabilit

Algebra ->  Probability-and-statistics -> SOLUTION: A coin was randomly drawn from a bag and then replaced. After 300 draws, it was found that 53 pennies, 68 nickels, 97 dimes, and 82 quarters had been drawn. Estimate the probabilit      Log On


   



Question 751606: A coin was randomly drawn from a bag and then replaced. After 300 draws, it was found that 53 pennies, 68 nickels, 97 dimes, and 82 quarters had been drawn. Estimate the probability of drawing a quarter.
Answer by stanbon(75887) About Me  (Show Source):
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A coin was randomly drawn from a bag and then replaced. After 300 draws, it was found that 53 pennies, 68 nickels, 97 dimes, and 82 quarters had been drawn. Estimate the probability of drawing a quarter.
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P(quarter) = 82/300 = 0.2733
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Cheers,
Stan H.
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