Suppose that in a weekly lottery you have probability .02 of winning a prize with a singleticket. If you buy 1 ticket per week for 52 weeks, what is the probability that (a) you win no prizes, and(b) that you win 3 or more prizes?

Given that, Probability of winning a ticket (p) = 0.02 1- p = 0.98 Number of tickets bought (n)= 52

Answered: Suppose that in a weekly lottery you…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Suppose that in a weekly lottery you have probability .02 of winning a prize with a single ticket. If you buy 1 ticket per week for 52 weeks, what is the probability that (a) you win no prizes, and (b) that you win 3 or more prizes?