Aja’s favorite cereal is running a promotion that says 1-in-…
Aja’s favorite cereal is running a promotion that says 1-in-4 boxes of the cereal contain a prize. Suppose that Aja is going to buy 5 boxes of this cereal, and let X represent the number of prizes she wins in these boxes. Assume that these boxes represent a random sample, and assume that prizes are independent between boxes. What is the probability that she wins at most 1 prize in the 5 boxes?You may round your answer to the nearest hundredth. P(X ≤ 1] =