Ray is planning to open a video game store. He has developed the following expense breakdown for set-up and operation for the first year. Ray has $8,000 in savings and $35,000 in inheritance money to use to open his store. Will Ray have enough to run his business for a full year?

Expense
Amount
Rent
$12,000
Insurance
$4,000
Store Fixtures
$3,000
Computer and Cash Register
$2,400
Inventory
$20,000

The host of a game show is holding a bag with chips to see what prizes the contestants will play for. five (5) of the chips say “new car” ten (10) of the chips say “new tv” three (3) of the chips say “trip to france” contestant named “patty” reaches into the bag. a. what is the probability of choosing a tv chip? b. what is the probability of choosing a car chip next without replacing the 1st chip? c. are these dependent or independent events?