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Undergrad Understanding Probability in Lottery Odds: A Misconception
I still don't see how the mathematical probability of your ticket being drawn to win a prize increases over 1 in 250,000 for each separate draw for a prize, each draw being a separate event. Mary- mlovas
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- Forum: Set Theory, Logic, Probability, Statistics
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Undergrad Understanding Probability in Lottery Odds: A Misconception
My husband and I disagree. A hospital lottery claims the odds are 1 in 3 to win a prize. There are 72,000 prizes and 250,000 tickets. Assuming a winning ticket is removed from the pot for the next draw, I say the odds or chances of winning are at best 1 in 178,000. If winning tickets go...- mlovas
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- lottery
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- Forum: Set Theory, Logic, Probability, Statistics