The probability of randomly drawing a chip number that is smaller than 201 is 0.541
The given parameters are
Plastic chips = 1 to 370
This means that
Chips = 370
There are 200 sections that are smaller than 201
This means that the probability is
P = 200/370
Evaluate
P = 0.541
Hence, the probability of randomly drawing a chip number that is smaller than 201 is 0.541
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