Given:
Total number of chips = 718
Required: Probability of drawing the chip numbered 423
Step-by-step explanation:
There is exactly one chip numbered 423.
So, the probability of drawing the chip numbered 423
![=(1)/(718)](https://img.qammunity.org/2023/formulas/mathematics/college/x49ni243c4gcx9wktw1auabit1z1stmu7l.png)
Final Answer: Probability of drawing the chip numbered 423 = 1/718