There are 750 identical plastic chips numbered 1 through 750 in a box. What is the probability of reaching into the box and randomly drawing a chip number that is smaller than 627

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Answer:

0.8358 = 83.58% probability of reaching into the box and randomly drawing a chip number that is smaller than 627

Step-by-step explanation:

Uniform probability distribution:

An uniform distribution has two bounds, a and b.

The probability of finding a value of at lower than x is:

[tex]P(X < x) = \frac{x - a}{b - a}[/tex]

There are 750 identical plastic chips numbered 1 through 750 in a box

This means that [tex]a = 1, b = 750[/tex]

What is the probability of reaching into the box and randomly drawing a chip number that is smaller than 627?

[tex]P(X < x) = \frac{627 - 1}{750 - 1} = 0.8358[/tex]

0.8358 = 83.58% probability of reaching into the box and randomly drawing a chip number that is smaller than 627