SOLUTION: 25,000 lottery tickets have been sold and Jesse has bought one of them. There are 10 prizes. What is the probability that Jesse will win a prize?

Algebra ->  Probability-and-statistics -> SOLUTION: 25,000 lottery tickets have been sold and Jesse has bought one of them. There are 10 prizes. What is the probability that Jesse will win a prize?       Log On


   

Question 1145955: 25,000 lottery tickets have been sold and Jesse has bought one of them. There are 10 prizes. What is the probability that Jesse will win a prize?
Found 2 solutions by ikleyn, rothauserc:
Answer by ikleyn(52814) About Me  (Show Source):
Answer by rothauserc(4718) About Me  (Show Source):
You can put this solution on YOUR website!
There are 25,000 ways a lottery ticket can be chosen
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The number of ways of selecting a prize ticket is 10
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Therefore, the probability of winning a prize is 10/25000 = 1/2500
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