You buy a draw ticket for the door prize at your class's Holiday party. There are only 100 tickets sold. You also buy a ticket for a 50/50 draw. You are told the probability of winning the 50/50 draw is 0.02. What is the probability that you will win either the door prize or the 50/50 draw?

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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You buy a draw ticket for the door prize at
your class's Holiday party. There are only
100 tickets sold. You also buy a ticket for a
50/50 draw. You are told the probability of
winning the 50/50 draw is 0.02. What is the
probability that you will win either the door
prize or the 50/50 draw?
Transcribed Image Text:You buy a draw ticket for the door prize at your class's Holiday party. There are only 100 tickets sold. You also buy a ticket for a 50/50 draw. You are told the probability of winning the 50/50 draw is 0.02. What is the probability that you will win either the door prize or the 50/50 draw?
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