SOLUTION: With Binomial Distributions and Probability: In a lottery, each ticket buyer has a 1 in 10 chance of winning a prize. If Steve buys 10 tickets, what is the probability that he wil

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Question 281791: With Binomial Distributions and Probability:
In a lottery, each ticket buyer has a 1 in 10 chance of winning a prize. If Steve buys 10 tickets, what is the probability that he will win at least 1 prize? How do you work this problem out?

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
With Binomial Distributions and Probability:
In a lottery, each ticket buyer has a 1 in 10 chance of winning a prize. If Steve buys 10 tickets, what is the probability that he will win at least 1 prize? How do you work this problem out?
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Binomial Problem:
n = 10 ; p = 1/10
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P(win at least 1) = 1 - P(win none)
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P(win at least 1) = 1 - (0.9)^10
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P(win at least 1) = 1 - 0.3487 = 0.6513
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Cheers,
Stan H.