Answer:
Approximately [tex]0.19[/tex].
Step-by-step explanation:
The cards were drawn with replacement. Therefore, the probability of drawing a red card will be [tex](3 / 5)[/tex] at every one of the seven draws. The probability of not drawing a red card would be [tex](1 - (3/5)) = (2/5)[/tex].
One way to get three red cards out of the seven draws would be [tex]\verb!red!\; \verb!red!\; \verb!red!\; \verb!green!\; \verb!green!\; \verb!green!\; \verb!green![/tex]. That corresponds to a probability of [tex](3/5)^3\, (2/5)^{7-3}[/tex].
However, there are many other ways to get three red cards during the seven draws. For example:
There are [tex]\displaystyle {\genfrac{(}{)}{0}{0}{7}{3}} = 35[/tex] such ways in total to choose three draws out of seven draws.
These ways are mutually-exclusive. Each of these ways has a probability of [tex](3/5)^3\, (2/5)^{7-3}[/tex]. The probability for getting a red card on exactly three out of the seven draws would be:
[tex]\displaystyle {\genfrac{(}{)}{0}{0}{7}{3}} \, (3/5)^3\, (1 - (3/5))^{7-3} \approx 0.19[/tex].