SOLUTION: in a sweepstake sponsored by Gemini Paper Products, 100,000 entries have been received. if 1 grand prize, 5 first prizes, 25-second prizes, and 500 third prizes are to be awarded,

Algebra ->  Probability-and-statistics -> SOLUTION: in a sweepstake sponsored by Gemini Paper Products, 100,000 entries have been received. if 1 grand prize, 5 first prizes, 25-second prizes, and 500 third prizes are to be awarded,       Log On


   



Question 1112360: in a sweepstake sponsored by Gemini Paper Products, 100,000 entries have been received. if 1 grand prize, 5 first prizes, 25-second prizes, and 500 third prizes are to be awarded, what is the probability that a person who has submitted one entry will win:
a) the grand prize?
b) a prize?

Answer by Fombitz(32388) About Me  (Show Source):