7.F.2 Likelihood

Here are some scenarios:

According to market research, a business has a 75% chance of making money in the first 3 years.

According to lab testing, 5/6 of a certain kind of experimental light bulb will work after 3 years.

According to experts, the likelihood of a car needing major repairs in the first 3 years is 0.7.

Sort the scenarios in order of likelihood from least to greatest after three years: the business makes money, the light bulb still works, and the car needs major repairs.

1. According to experts, the likelihood of a car needing major repairs in the first 3 years is 0.7.
2. According to market research, a business has a 75% chance of making money in the first 3 years.
3. According to lab testing, 5/6 of a certain kind of experimental light bulb will work after 3 years.

Select the likelihood of the event below occurring. Be sure to explain your reasoning.

Spinning this spinner will result in green.