Question
10,000 raffle tickets were sold and you buy 12 tickets. Whats the odds against winning
Answers
Reiny
prob of winning = 12/10000 = 3/2500
prob of not winning = 2497/2500
the odds against winning
= (2497/2500 : 3/2500
= 2497 : 3
prob of not winning = 2497/2500
the odds against winning
= (2497/2500 : 3/2500
= 2497 : 3