A very large bag contains more coins than you are willing to count. Instead, you draw a random sample of coins from the bagand record the following numbers of each type of coin in the sample before returning the sampled coins to the bag. If yourandomly draw a single coin out of the bag, what is the probability that you will obtain either a quarter or a nickel? Enter afraction or round your answer to4 decimal places, if necessary.Coins in a BagQuartersDimesNickels262928Pennies17

A very large bag contains more coins than you are willing to count Instead you draw a random sample of coins from the bagand record the following numbers of eac class=

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The given number of coins of each type are:

Quarters: 26

Dimes: 29

Nickels: 28

Pennies: 17

Then, the total number of coins you draw out of the bag is:

[tex]26+29+28+17=100[/tex]

Thus, the probability of obtaining a quarter is:

[tex]P(quarter)=\frac{26}{100}=0.26[/tex]

And the probability of obtaining a nickel is:

[tex]P(\text{nickel)}=\frac{28}{100}=0.28[/tex]

And the probability of drawing a