A radio station runs a promotion at an auto show with a money box with 12 $50 tickets, 10 $25 tickets, and 10 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Find the probability that three $50 prizes are chosen. The probability that three $50 prizes are chosen is (Round to five decimal places as needed.)

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 radio station runs a promotion at an auto show with a money box with 12 $50 tickets, 10 $25 tickets, and 10 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Find the probability that three
$50 prizes are chosen.
The probability that three $50 prizes are chosen is
(Round to five decimal places as needed.)
Transcribed Image Text:A radio station runs a promotion at an auto show with a money box with 12 $50 tickets, 10 $25 tickets, and 10 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Find the probability that three $50 prizes are chosen. The probability that three $50 prizes are chosen is (Round to five decimal places as needed.)
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