The lottery consists of 1000 tickets, 200 of which are winning. One ticket out of 1000 is drawn at random
August 2, 2020 | Education
| The lottery consists of 1000 tickets, 200 of which are winning. One ticket out of 1000 is drawn at random. What is the probability that this ticket is a winner?
different outcomes in this example are 1000 (n = 1000). The event of interest to us includes 200 outcomes (m = 200). Thus
P = 200/1000 = 0.2
