SOLUTION: You bought 5 raffle tickets for an I-Pod Touch at a fundraiser. 2000 tickets were sold in total. You bought 2 tickets for an MP3 player. 1000 tickets were sold. What are the chance

Algebra ->  Probability-and-statistics -> SOLUTION: You bought 5 raffle tickets for an I-Pod Touch at a fundraiser. 2000 tickets were sold in total. You bought 2 tickets for an MP3 player. 1000 tickets were sold. What are the chance      Log On


   

Question 1041163: You bought 5 raffle tickets for an I-Pod Touch at a fundraiser. 2000 tickets were sold in total. You bought 2 tickets for an MP3 player. 1000 tickets were sold. What are the chances that you will win both? Use a formula to find a solution
Found 2 solutions by Boreal, ikleyn:
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
It is the joint probabilities or P(raffle)*P(iPod)=5/2000*2/1000
That is 1/400*1/500=
1/20,000=0.0005

Answer by ikleyn(52803) About Me  (Show Source):
You can put this solution on YOUR website!
.
It is the joint probabilities or P(raffle)*P(iPod) = %285%2F2000%29%2A%282%2F1000%29.

That is %281%2F400%29%2A%281%2F500%29 = 1%2F200000 = 0.000005.