Final answer:
The probability of selecting exactly one green ball from a box with replacement, after three picks, is approximately 0.44. Using the binomial probability formula, this falls within the range of 0.35 to 0.45, and therefore, option e is correct.
Step-by-step explanation:
Calculating the Probability of Selecting Exactly One Green Ball
To find the probability of observing exactly one green ball when selecting 3 balls from the box with replacement, we can use the binomial probability formula. Since the balls are being replaced, the probability of picking a green ball (success) remains constant at 3/9 or 1/3 for every pick, and the probability of picking a red ball (failure) remains constant at 6/9 or 2/3.
The binomial probability formula is:
P(X = k) = (n choose k) *

Where:
n is the number of trials (3 balls are picked)
k is the number of successes (1 green ball)
p is the probability of success on a single trial (1/3)
q is the probability of failure on a single trial (2/3)
Substituting the values we get:
P(X = 1) = (3 choose 1) *

This simplifies to:
P(X = 1) = 3 * (1/3) * (4/9)
P(X = 1) = 4/9 or approximately 0.44
Therefore, the probability of selecting exactly one green ball is between 0.35 and 0.45, making option e the correct answer.