A radio station runs a promotion at an auto show with a money box with 12 $50 tickets, 15 $25 tickets, and 14 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Three tickets are randomly drawn. Find the probability that all three tickets have no value. The probability that all three tickets drawn have no money value is (Round to four decimal places as needed.) C

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, 15 $25 tickets, and 14 $5 tickets. The box contains an additional 20 "dummy"
tickets with no value. Three tickets are randomly drawn. Find the probability that all three tickets have no value.
The probability that all three tickets drawn have no money value is
(Round to four 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, 15 $25 tickets, and 14 $5 tickets. The box contains an additional 20 "dummy" tickets with no value. Three tickets are randomly drawn. Find the probability that all three tickets have no value. The probability that all three tickets drawn have no money value is (Round to four decimal places as needed.)
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