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bilquis owns a small business selling used books. she knows that in the last week 49 customers paid cash, 42 customers used a debit card, and 32 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 attempt 1 out of 2
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Step1: Calculate total number of customers
First, we need to find the total number of customers by adding the number of customers who paid cash, used a debit card, and used a credit card. So, total customers = 49 (cash) + 42 (debit) + 32 (credit).
$$49 + 42 + 32 = 123$$
Step2: Calculate probability of credit card payment
The probability of an event is the number of favorable outcomes (credit card customers) divided by the total number of outcomes (total customers). So, probability = number of credit card customers / total customers.
$$\frac{32}{123} \approx 0.2602$$
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