Question

In order to attract more advertisers to the arena during the sports events, the arena plans to offer advertising space as corporate prizes. 720 companies enter. 8 companies win. What is the probability of a company winning? give your answer as a fraction

Answer 1

720 divided by 8 and then look up the answer to that as a fraction on Google

Answer 2

Answer:
`(1)/(90)`

Explanation:

Given : The total number of companies = 720

The number of companies won = 8

Now, the probability of a company winning is given by ;-

`\text{P(winning)}=\frac{\text{Number of company wins}}{\text{ Total companies}}\\\\\Rightarrow\ \text{P(winning)}=(8)/(720)\\\\\Rightarrow\ \text{P(winning)}=(1)/(90)`

Hence, the probability of a company winning is
`(1)/(90)`.