joseph owns a small business selling bagels. he knows that in the last week 71 customers paid cash, 4…

joseph owns a small business selling bagels. he knows that in the last week 71 customers paid cash, 4 customers used a debit card, and 36 customers used a credit card. based on these results, express the probability that the next customer will pay with cash as a percent to the nearest whole number. answer attempt 1 out of 2

joseph owns a small business selling bagels. he knows that in the last week 71 customers paid cash, 4 customers used a debit card, and 36 customers used a credit card. based on these results, express the probability that the next customer will pay with cash as a percent to the nearest whole number. answer attempt 1 out of 2

Answer

Explanation:

Step1: Calculate total number of customers

$71 + 4+36=111$

Step2: Calculate probability of cash - paying customer

The probability $P$ that a customer pays with cash is the number of cash - paying customers divided by the total number of customers. So $P=\frac{71}{111}\approx0.6396$

Step3: Convert probability to percentage

To convert the decimal to a percentage, we multiply by 100. So $0.6396\times100 = 63.96%$

Step4: Round to the nearest whole number

Rounding $63.96%$ to the nearest whole number gives $64%$

Answer:

$64%$