Question
If a salesperson has gross sales of over$600,000 in ayear, then he or she is eligible to play thecompany's bonusgame: A black box contains 2one-dollar
If a salesperson has gross sales of over$600,000 in ayear, then he or she is eligible to play thecompany's bonusgame: A black box contains 2one-dollar bills, 1five-dollar bill and 1twenty-dollar bill. Bills are drawn out of the box one at a time without replacement until atwenty-dollar bill is drawn. Then the game stops. Thesalesperson's bonus is1,000 times the value of the bills drawn. Complete parts(A) through(C) below.
(A) What is the probability of winning a $22,000bonus?
(B) what is the probability of winning the maximum bonus by drawing out all the bills?
(c)What is the probability of the game stopping at the seconddraw?
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