Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
Sagot :
The probability that the jackpot prize will be won in each of four consecutive draws is (1/60)⁴.
The number of consecutive draws needed will be, n = 233
What is probability?
Probability is the likelihood or chance of an event happening or not.
- Probability = number of expected outcomes/number of possible outcomes.
From the given question, the probability of the jackpot being won in any draw is 1/60.
The probability that the jackpot prize will be won in each of four consecutive draws will be:
1/60 * 1/60 * 1/60 * 1/60 = (1/60)⁴
b. The number of consecutive draws that needs to be made for there to be a greater than 98% chance that at least one jackpot prize will have been won is calculated as follows:
There is a 100% - 98% chance that that none has been won = 2% that none has been won.
Also, the probability of the jackpot not being won in a draw is = 1 1/60 = 59/60
The number of consecutive draws needed will be (59/60)ⁿ ≤ 0.02
Solving for n by taking logarithms of both sides:
n = 233
In conclusion, probability measures chances of an event occurring or not.
Learn more about probability at: https://brainly.com/question/251701
#SPJ1
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.