SOLUTION: If 50 tickets are sold and 2 prizes are to be awarded, find the probability that one person will win 2 prizes if that person buys 2 tickets
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Question 460351: If 50 tickets are sold and 2 prizes are to be awarded, find the probability that one person will win 2 prizes if that person buys 2 tickets Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! If 50 tickets are sold and 2 prizes are to be awarded, find the probability that one person will win 2 prizes if that person buys 2 tickets
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Binomial with n = 50 and p = 2/50
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P(x = 2) = 50C2(2/50)^2(48/50)^48 = 0.28
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Cheers,
Stan H.