Christian owns a small business selling bagels. He knows that in the last week 10 customers paid cash, 14 customers used a debit card, and 38 customers used a credit card. Based on these results , express the probability that the next customer will pay with a credit card as a decimal to the nearest hundredth.

Question

Christian owns a small business selling bagels. He knows that in the last week 10 customers paid cash, 14 customers used a debit card, and 38 customers used a credit card. Based on these results , express the probability that the next customer will pay with a credit card as a decimal to the nearest hundredth.

Answer 1

To find the probability that the next customer will pay with a credit card, we need to calculate the total number of customers and then determine the proportion of customers who paid with a credit card.Total number of customers = 10 (cash) + 14 (debit card) + 38 (credit card) = 62Probability of paying with a credit card = Number of customers who paid with a credit card / Total number of customers= 38 / 62= 0.6129Rounded to the nearest hundredth, the probability is 0.61.

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