Hi,
100 players in a football pool each week.
p = 1/100 chances of winning = .01 Losing q = .99
P(winning more than one week) = 1 - P(all losses) = 1 -
= 1 - .8515
Note: The probability of x successes in n trials is:
P = nCx*where p and q are the probabilities of success and failure respectively.
In this case p= .01 & q = .99
nCx =