Asked by Rebel #3 (Sophia)
In a carnival drawing, a green ticket wins $1, a yellow ticket wins $5, and a blue ticket wins $10. There are 100 green tickets, 25 yellow tickets and 5 blue tickets. In simplest form, what are the odds in favor of winning $5 or more?
Answers
Answered by
Reiny
How can I win $5 or more ? --- By drawing a yellow or blue ticket.
How many yellows and blues do you have ??
How many total tickets??
What is the prob of a yellow or blue ??
Can you find the odds of that?
Let me know your answer.
How many yellows and blues do you have ??
How many total tickets??
What is the prob of a yellow or blue ??
Can you find the odds of that?
Let me know your answer.
Answered by
Damon
first probability of winning $5 or more
how many tickets total? 100 + 25 + 5 = 130
how many are yellow or blue? 25+5 = 30
so probability of success = 30/130
now probability of failure = 100/130
odds = prob of success / prob of failure = 30/100 = 3/10
how many tickets total? 100 + 25 + 5 = 130
how many are yellow or blue? 25+5 = 30
so probability of success = 30/130
now probability of failure = 100/130
odds = prob of success / prob of failure = 30/100 = 3/10
Answered by
Rebel #3 (Sophia)
is it 1:4?
Answered by
Damon
I think 3:10
https://www.thoughtco.com/how-are-odds-related-to-probability-3126553
https://www.thoughtco.com/how-are-odds-related-to-probability-3126553
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.