Question

An urn, randomly sampled from contains 5 Red and 3 Green poker chips. What is the probability that the first draw is Green?

Answer 1

`0.375` or `37.5%`

Explanation:

Taking the sample as representative of the population, the probability of drawing a Green chip is the ratio of those chips to the whole set.
`P = 3/8 = 0.375` or `37.5%`