SOLUTION: one million tickets are sold for a lottery in which a single prize will be awarded a) If you purchase a ticket, determine your odds against winning. b) If you purchase 10 ticke

Algebra ->  Probability-and-statistics -> SOLUTION: one million tickets are sold for a lottery in which a single prize will be awarded a) If you purchase a ticket, determine your odds against winning. b) If you purchase 10 ticke      Log On


   

Question 437858: one million tickets are sold for a lottery in which a single prize will be awarded
a) If you purchase a ticket, determine your odds against winning.
b) If you purchase 10 tickets, determine your odds against winning.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi

1M tickets are sold for a lottery in which a single prize will be awarded

a) If you purchase a ticket, determine your odds against winning.

   999,999:1

b) If you purchase 10 tickets, determine your odds against winning.

   P(10/1,000,000)= 1/100,000  99,999:1