- #1
speg
- 16
- 0
Ok guys, it has been a while since I worked with probability so I might need some things cleaned up.
Basically the scenerio is this: each ticket has a 1/20 chance of winning.
Let's say you buy three tickets a year. ( you get a discount :P )
The chance of NOT winning is (19/20)^3 correct?
And let's say you did this every year, does that mean that in say year five you would have a (19/20)^15 chance of NEVER winning in the five years?
Basically the scenerio is this: each ticket has a 1/20 chance of winning.
Let's say you buy three tickets a year. ( you get a discount :P )
The chance of NOT winning is (19/20)^3 correct?
And let's say you did this every year, does that mean that in say year five you would have a (19/20)^15 chance of NEVER winning in the five years?