SOLUTION: If a lottery ticket gives 1:99 odds, what is the probability of drawing two winning tickets (win and win)?
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Question 324513: If a lottery ticket gives 1:99 odds, what is the probability of drawing two winning tickets (win and win)? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! If a lottery ticket gives 1:99 odds, what is the probability of drawing two winning tickets (win and win)?
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P(win) = 1/100
P(win/win) = (1/100)^2 = 1/10,000
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Cheers,
Stan H.
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