|
Question 620230: Determine if this is an example of probability or statistics:
A daily lottery draws five single-digit numbers, giving players a 1/100000 likelihood of winning.
Answer by math-vortex(648)   (Show Source):
You can put this solution on YOUR website! Hi, there--
.
Probability deals with predicting the likelihood of future events, while statistics involves the analysis of the frequency of past events.
.
This is an example of PROBABILITY because the likelihood is calculated by a mathematical definition: there is one winning five-digit number, compared with 10^5 possible five-digit numbers (00000-99999). Thus the theoretical probability of holding the winning number is 1/100000.
.
Hope this helps! Feel free to email if you still have questions about this.
Ms.Figgy
math.in.the.vortex@gmail.com
|
|
|
| |
