SOLUTION: Five door prizes are to be awarded at a club meeting. There are 100 tickets in the box, and one of them is yours. A ticket is drawn, the prize is awarded, and the ticket is placed

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Question 742188: Five door prizes are to be awarded at a club meeting. There are 100 tickets in the box, and one of them is yours. A ticket is drawn, the prize is awarded, and the ticket is placed back in the box. This continues until all five prizes are awarded.
Find the probability your ticket is drawn twice. (Round your answer to five decimal places.)
This is what I got
p(x=2)=C(5,2)(1/100)^2(99/100)^1
p(x=2)=(20)(.01)^2(.99)^1

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Ans: Correct
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Cheers,
Stan H.