Every cereal box has a gift inside, but you cannot tell from the outside what the gift is. The store manager assures you that 14 of the 48 boxes on the shelf have the secret decoder ring. The other 34 boxes on the shelf have a different gift inside. If you randomly select two boxes of cereal from the shelf to purchase, what is the probability that BOTH of them have the secret decoder ring? (Give answer as a decimal correct to four decimal places.)

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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Every cereal box has a gift inside, but you cannot tell from the outside what the gift is. The store manager assures you that 14 of the 48 boxes on the shelf have the secret decoder ring. The other 34 boxes on the shelf have a different gift inside. If you randomly select two boxes of cereal from the shelf to purchase, what is the probability that BOTH of them have the secret decoder ring?

(Give answer as a decimal correct to four decimal places.)

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