Answer:
In this scenario, we have:
n = 3 (since we are watching 3 cars)
x = 1 (since we are interested in the probability of exactly one car being red)
p = 0.1 (since the probability of a car being red is 10%, or 0.1)
The binomial formula for calculating the probability of exactly x successes in n independent trials with a probability of success p is:
P(x) = (nCx) * p^x * (1-p)^(n-x)
where nCx is the binomial coefficient, which can be calculated as:
nCx = n! / (x! * (n-x)!)
Using these values and the binomial formula, we can calculate the probability of exactly one of the three cars being red as:
P(1) = (3C1) * 0.1^1 * (1-0.1)^(3-1)
= (3) * 0.1 * 0.81
= 0.243
Therefore, the probability of exactly one of the three cars being red is 0.243.