SOLUTION: I need your assistance in solving this, i'll be very thankful to you. You buy 5 tickets for a raflle. 100 tickets are sold altogether. Tickets are picked at random. you have not w

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Question 855514: I need your assistance in solving this, i'll be very thankful to you.
You buy 5 tickets for a raflle. 100 tickets are sold altogether. Tickets are picked at random. you have not won a prize after the first three tickets have been drawn.
i)What is the probability that you win a prize with either of the next two draws?
ii) what is the probability that you do not win a prize with either of the next two draws?

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 
Hi,
first three tickets have been drawn, 97 remaining,
p(winning) = 5/97, p(losing) = 92/97
i) P(x = 1) = 2C1(5/97)^1(92/97)^1 = .0978
ii) P(x= 0) = (92/97)^2 = .8996

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