The probability that the next costumer will pay with a credit card is 0.07.
Probability determines the chances that an event would happen. The probability the event occurs is 1 and the probability that the event does not occur is 0.
The probability that the next costumer will pay with a credit card = number of customers that paid with a credit card / total number of customers
8 / ( 8 + 3 + 102)
= 8 / 113 = 0.07
Here is the complete question:
Owen owns a small business selling ice-cream.He knows that in the last week 102 customers paid cash, 3 costumers used a debit card, and 8 costumers used a credit card. Based on these results,express the probability that the next costumer will pay with a credit card as a decimal to the nearest hundredth
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