Deion owns a small business selling clothing. He knows that in the last week 45 customers paid cash, 6 customers used a debit card and 37 customers used a credit card Based on these results, express the probability that the next customer will pay with cash as a decimal to the nearest hundredth
To find the probability that the next customer will pay with cash, we first need to calculate the total number of customers:
Total customers = 45 (cash) + 6 (debit) + 37 (credit) = 88
Now, we can find the probability that the next customer will pay with cash:
Probability = Number of customers paying with cash / Total number of customers
Probability = 45 / 88 ≈ 0.51
Therefore, the probability that the next customer will pay with cash as a decimal to the nearest hundredth is approximately 0.51.