SOLUTION: The fund-raising commitee sold 500 raffle tickets. Tyrone bought three tickets. There will be one winning ticket. What is the probability that Tyrone will win? What is the prob

Question 1008509: The fund-raising commitee sold 500 raffle tickets. Tyrone bought three tickets. There will be one winning ticket. What is the probability that Tyrone will win?
What is the probability that Tyrone will not win?
Found 2 solutions by Fombitz, fractalier:
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Only one ticket out of the 500 is a winner.

There are 499 losing tickets.

Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
The chance of any one ticket winning is 1/500.
If he bought three of the tickets, he triples his chance of winning.
Thus his chances of winning are 3/500.
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