Probability Question - Lottery

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    lottery Probability
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Discussion Overview

The discussion revolves around calculating the probability of winning in a lottery-style promotion where customers receive tickets (ballets) based on their spending. The context includes details about the total purchases, the number of tickets distributed, and the number of winners to be drawn.

Discussion Character

  • Homework-related
  • Mathematical reasoning

Main Points Raised

  • One participant asks for help in determining the probability of winning based on the number of ballets distributed and the total number of customers.
  • Another participant suggests that the probability of winning for each ballet is 10/600, equating to a one in sixty chance, assuming a random draw.
  • There is a request for the original poster to provide their progress or thoughts on the problem to facilitate better assistance.
  • The original poster expresses uncertainty about how to approach the problem and seeks help for a real-life situation.

Areas of Agreement / Disagreement

Participants have not reached a consensus on the probability calculation, and there is ongoing uncertainty regarding the original poster's understanding and approach to the problem.

Contextual Notes

The discussion lacks specific details on how individual spending affects the number of ballets each customer receives, which may influence the overall probability calculation.

bradg1
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H Everyone,

Can someone please tell me what the following chances of winning is:A customer receives 1 ballet for every \$5,000 they spend with our company during a promotion. There are a total of \$3,000,000 in purchases over the course of the promotion and therefore 600 ballets are handed out. There are a total number of 100 customers entered into this promotion although not all spend the same amount of money, some may spend \$5,000 and receive 1 ballet while others may spend \$50,000 and receive 10 ballets. We will draw 10 ballets at the end of the promotion.

What is the probability of being drawn that each ballet handed out provides?

Thanks!

BG
 
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Hello bradg and welcome to MHB! :D

I've edited your post to provide correct rendering (precede '\$' signs with a backslash) and enhanced the title to be more descriptive of your problem.

We ask that our users show their progress (work thus far or thoughts on how to begin) when posting questions. This way our helpers can see where you are stuck or may be going astray and will be able to post the best help possible without potentially making a suggestion which you have already tried, which would waste your time and that of the helper.

Can you post what you have done so far?
 
I'm not quite sure where to begin.. which is why I posted on the site. Looking for someone to help solve this for me as it is a real life question we need answered.

Thanks!

Bradg
 
I believe that the probability would be 10/600 = 1/60, i.e. each ballet has a one in sixty chance of being selected, given a guaranteed random draw.
 

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