As an Incentive to Get New Customers, the Local Branch $$\begin{array} { | l | l | l | l | l | } \hline 10 & 30 & 10 & 30 & 10 \\\hline 20 & 10 & 50 & 10 & 20 \\\hline\end{array}$$

question 19

Multiple Choice

As an incentive to get new customers, the local branch of a bank launched "bouncing for bucks." During this week long event, any customer opening a new checking account
With the bank would have the opportunity to throw a bouncy rubber ball into a large box
Divided into squares. Each square was labeled with a dollar amount that would be
Deposited into his/her new checking account. The way the box was labeled is shown
Below. What is the probability that a customer does not get $50? $$\begin{array} { | l | l | l | l | l | } \hline 10 & 30 & 10 & 30 & 10 \\\hline 20 & 10 & 50 & 10 & 20 \\\hline\end{array}$$

• A) 0.90
• B) 0.99
• C) 0.50
• D) 0.95
• E) 0.80

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Definitions:

Oranges

A citrus fruit characterized by a round shape and a sweet, juicy pulp, commonly consumed fresh or used in beverages.

Indifference Curve

A graph that shows a combination of two goods that give a consumer equal satisfaction and utility, thereby indicating the consumer's preferences.

Bundle

A group of items or services sold together, often at a discounted price compared to purchasing each item separately.

Utility

A measure of happiness or satisfaction.