Tanisha owns a small business selling bagels. She knows that in the last week 61 customers paid cash, 5 customers used a debit card, and 45 customers used a credit card. Based on these results, express the probability that the next customer will pay with cash as a decimal to the nearest hundredth

Answer 1

There were a total of 61 + 5 + 45 = 111 customers.

The probability of the next customer paying with cash is the number of customers who paid with cash divided by the total number of customers:

P(cash) = 61/111

Using a calculator, this simplifies to 0.55. Rounded to the nearest hundredth, the probability of the next customer paying with cash is 0.55.

Therefore, the answer is 0.55.