At the grand opening of a Best Buy store you are selected to participate in a la

Question

        At the grand opening of a Best Buy store you are selected to participate in a large-screen TV giveaway. 99 white balls and 1 red ball are placed in a box and thoroughly mixed. Participants line up and, one at a time, select a ball from the box. Whoever gets the red ball wins the TV, but if the ball is white it is returned to the box.

You are the third person in line. What is the probability you win the TV?

0.01       b. 0.03       c. 0.0001       d. 0.33       e. 0.0098

Suppose you get to pick your spot in line. Where would you want to be to maximize your probabilityof winning the TV?

10th        b. 1st       c. 99th       d. 100th       e. 50th

Explanation / Answer

At the grand opening of a Best Buy store you are selected to participate in a la

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