A coin purse has 3 OLD one-peso coins and 7 NEW one-peso coins. Suppose you randomly pick a coin and upon selecting, a dummy silver coin is placed on the purse as a placeholder for the coin you picked. If a second coin is picked from the coin purse, what is the probability that the second coin is an OLD one peso? a. 7/25 b. 3/50 c. 14/50 d. 17/50

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A coin purse has 3 OLD one-peso coins and 7 NEW one-peso coins. Suppose you randomly pick a coin and upon selecting, a dummy silver coin is placed on the purse as a placeholder for the coin you picked. If a second coin is picked from the coin purse, what is the probability that the second coin is an OLD one peso?

a. 7/25

b. 3/50

c. 14/50

d. 17/50

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