QuestionJune 6, 2025

If 500 tickets are sold and there are 10 winning tickets, what is the probability of losing?

If 500 tickets are sold and there are 10 winning tickets, what is the probability of losing?
If 500 tickets are sold and there are 10 winning tickets, what is the probability of
losing?

Solution
4.1(171 votes)

Answer

0.98 Explanation 1. Calculate total number of tickets Total tickets = 500. 2. Calculate number of losing tickets Losing tickets = Total tickets - Winning tickets = 500 - 10 = 490. 3. Calculate probability of losing Probability of losing = \frac{\text{Number of losing tickets}}{\text{Total number of tickets}} = \frac{490}{500}.

Explanation

1. Calculate total number of tickets<br /> Total tickets = 500.<br />2. Calculate number of losing tickets<br /> Losing tickets = Total tickets - Winning tickets = 500 - 10 = 490.<br />3. Calculate probability of losing<br /> Probability of losing = $\frac{\text{Number of losing tickets}}{\text{Total number of tickets}} = \frac{490}{500}$.
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