SOLUTION: If the odds of winning a raffle are 17:200, what is the probability of winning?

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Question 382288: If the odds of winning a raffle are 17:200, what is the probability of winning?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
If the odds of winning a raffle are 17:200, what is the probability of winning?
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P(win) = 17/(17+200) = 0.0783
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Cheers,
Stan H.