6.1.2 Exam: Semester 2 Exam Question 18 of 40 A randomly generated list of integers from 1 to 5 is being used to simulate an event, with the numbers 1 and 2 representing a success. What is the estimated probability of a success? A. \( 50 \% \) B. \( 30 \% \) C. \( 20 \% \) D. \( 40 \% \)

To estimate the probability of a success, you first need to consider how many numbers in your range (1 to 5) represent a success. Since only numbers 1 and 2 indicate success, that gives us 2 successful outcomes out of 5 possible outcomes. This can be calculated as \( \frac{2}{5} \), which equals \( 0.4 \) or \( 40\% \). So, the answer is D. \( 40 \% \). Now, let’s consider how this concept of probabilities plays out in real life. For example, when rolling dice, understanding the probability of landing on a certain number can help in games or making decisions based on chance. In the context of sales forecasts, businesses might simulate various outcomes based on customers' choices to estimate success rates and adjust strategies accordingly.