The winner of a raffle will receive a 21-foot outboard boat. If 5000 raffle tickets were sold and you purchased 40 tickets, what are the odds against your winning the boat?

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asked Dec 25, 2022 48.0k views

1 vote

The winner of a raffle will receive a 21-foot outboard boat. If 5000 raffle tickets were sold and you purchased 40 tickets, what are the odds against your winning the boat?

Mathematics
high-school

RVM asked

by RVM

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Answer:

You have a 0.8% chance of winning, and a 99.2% chance of losing

AlvaroAV answered Jan 1, 2023

by AlvaroAV

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