Answer:
0.6523 = 65.23% probability of reaching into the box and randomly drawing a chip number that is smaller than 517.
Explanation:
A probability is the number of desired outcomes divided by the number of total outcomes.
In this question, we have that:
791 chips, numbered from 1 to 791.
517 - 1 = 516 have a number smaller than 517. So
0.6523 = 65.23% probability of reaching into the box and randomly drawing a chip number that is smaller than 517.