Answer:
The probability that the number on the chip is greater than or equal to 24 is 0.531 or

Explanation:
Given
Same Sized Chips
Number of Chips = 49
Required
The probability that the number on the chip is greater than or equal to 24
Given that all 49 chips are same sized, the means that they have equal probabilities;
Let C represent the event;
Hence,
represents the chips numbered 24 and above
We're to calculate
which represents the probability of obtaining a chip numbered 24 and above

Chips numbered 24 and above are 24, 25, 26......49 and they're 26 in total
So,
becomes


-- approximated
Hence, the probability that the number on the chip is greater than or equal to 24 is 0.531 or
