Question

At a fundraiser, a school group charges $6 for tickets for a "grab bag." You choose one bill at random from a bag that contains 40 $1 bills, 20 $5 bills, 5 $10 bills, 5 $20 bills, and 1 $100 bill. is it likely that you will win enough to pay for your ticket? Justify your answer

Answer 1

The probability of picking the required dollar bill is 0.155 which means a "NO" and my expectations aren't that high

Explanation:

Please refer to the attached image for explanations