Question

Of the 8 companies that win, two companies will also win use of the hospitality suite during an event of their choosing. What is the probability of a winning company, getting the use of the hospitality suite? Give your answer as a percentage.

Answer 1

The probability of a winning company getting the use of the hospitality suite is 12.5%

Answer 2

Answer: The probability of a winning company getting the use of the hospitality suite is 25%.

Explanation:

Since we have given that

Total number of companies that win = 8

Number of companies will also win use of the hospitality suite during an event of their choosing = 2

So, Probability of a winning company getting the use of the hospitality suite is given by

`(2)/(8)\\\\=(1)/(4)\\\\=(1)/(4)* 100\\\\=25\%`

Hence, the probability of a winning company getting the use of the hospitality suite is 25%.