In a jar of ten beads, seven are red and three are blue. A bead is drawn from the jar five times with replacement. What is the probability of seeing exactly 2 blue beads?

Question 15 options:

9%

30.87%

3.87%

100%

None of these are correct.

To calculate the probability of seeing exactly 2 blue beads, we need to consider the possible outcomes for each draw and their corresponding probabilities.

The probability of drawing a blue bead is 3/10, and the probability of drawing a red bead is 7/10.

To calculate the probability of a specific outcome, we multiply the probabilities of each individual draw.

In this case, we are calculating the probability of seeing exactly 2 blue beads in 5 draws, so we need to consider the different ways this can occur.

There are 5C2 ways to choose 2 positions out of 5 for the blue beads to appear. The remaining 3 positions will have red beads.

Therefore, the probability of seeing exactly 2 blue beads in 5 draws is:

(3/10)^2 * (7/10)^3 * 5C2

= (9/100) * (343/1000) * 10

= 3.87%

The correct option is 3.87%.