Michael's reasoning is not correct. To explain why, let's go through the probability calculation step-by-step.
Firstly, we need to identify how many coins Michael has in total and how many of those are dimes:
- Quarters: 3
- Dimes: 2
- Nickels: 3
Total number of coins = 3 (quarters) + 2 (dimes) + 3 (nickels) = 8 coins.
Now, we need to calculate the probability of drawing two dimes one after another without replacement.
Step 1: Probability of drawing the first dime
- There are 2 dimes and 8 total coins.
- The probability of drawing a dime first is \( \frac{2}{8} = \frac{1}{4} \).
Step 2: Probability of drawing the second dime
- After drawing the first dime, there will be 1 dime left and now there are only 7 coins remaining (because we did not replace the first coin).
- The probability of drawing a second dime is \( \frac{1}{7} \).
Step 3: Combined probability for both events
- The total probability of both events happening (drawing a dime first and a dime second) is found by multiplying the probabilities of each event:
\[ P(\text{first dime}) \times P(\text{second dime | first dime}) = \frac{2}{8} \times \frac{1}{7} = \frac{1}{4} \times \frac{1}{7} = \frac{1}{28}. \]
So the probability of drawing two dimes successively, without replacement, is \( \frac{1}{28} \).
Convincingly, Michael's statement that the probability is \( \frac{1}{4} \) is incorrect because he did not account for the changing number of coins and dimes after the first draw. The correct probability is \( \frac{1}{28} \).