Every year Taylor goes to the same carnival, and he attempts to shoot a basketball into a small hoop, hoping that he will win a ten-foot tall teddy bear. If the probability that Taylor does not make a basket is 1/8, what is the probability that Taylor makes exactly one basket in three tries?  Choose one.
A) 21/512  B) 21/500  C) 21/213  D) 21/123  E) 21/125
Probability of basket = 7/8   Probability of no basket = 1/8   Required probability=3* 1/8*1/8*7/8   = 21/512   21/512 is the answer.
<result>A</result>
Every year Taylor goes to the same carnival, and he attempts to shoot a basketball into a small hoop, hoping that he will win a ten-foot tall teddy bear. If the probability that Taylor does not make a basket is 1/8, what is the probability that Taylor makes exactly one basket in three tries?