Final answer:
The probability that a randomly selected peanut M&M is not yellow is 0.85. The probability that a randomly selected peanut M&M is orange or yellow is 0.38. The probability that three randomly selected peanut M&M's are all red is 0.001728.
Step-by-step explanation:
(a) Probability that a randomly selected peanut M&M is not yellow:
To find the probability of an event happening, we subtract the probability of the event not happening from 1. Therefore, the probability that a peanut M&M is not yellow is:
1 - 0.15 = 0.85
(b) Probability that a randomly selected peanut M&M is orange or yellow:
To find the probability of the union of two events happening, we add their individual probabilities. Therefore, the probability that a peanut M&M is orange or yellow is:
0.23 + 0.15 = 0.38
(c) Probability that three randomly selected peanut M&M's are all red:
Since the selection is done with replacement, the probability of selecting a red M&M in one draw is 0.12. Therefore, the probability that three randomly selected peanut M&M's are all red is:
0.12 * 0.12 * 0.12 = 0.001728
(d) Probability that neither of the two selected peanut M&M's are red:
The probability of selecting a non-red M&M in one draw is 1 - 0.12 = 0.88. Therefore, the probability that neither of the two selected peanut M&M's are red is:
0.88 * 0.88 = 0.7744
(e) Probability that at least one of the two selected peanut M&M's is red:
To find the probability of at least one event happening, we subtract the probability of none of the events happening from 1. Therefore, the probability that at least one of the two selected peanut M&M's is red is:
1 - 0.7744 = 0.2256