A) We have to calculate the probability of picking a red counter.
As the counters are replaced, the probability for each color is constant.
We have 15 counters from which 8 are red.
Then we can calculate the probability of picking a red as:

B) As this probability is constant, there is a probability of 8/15 of picking a red counter each draw.
As there are N = 300 picks, we can expect the number of red counters picked as:

Answer:
a) p(red) = 8/15
b) 160 times