PROBABILITY doubt

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PROBABILITY doubt

SoniaKapoor
3 winning tickets are drawn from an urn of 100 tickets.What is the pobability of winning for a person who buys 4 tickets???



please help..thank u
MA Economics
DSE
2014-16
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Re: PROBABILITY doubt

Amit Goyal
Administrator
This post was updated on .
Pr(Winning for a person who buys 4 tickets)
=  1 - Pr(None of the 4 tickets he bought wins the prize)
= 1 - C(96, 3)/C(100, 3) = 1 -  (94 x 95 x 96)/(98 x 99 x 100) = 0.116
 
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Re: PROBABILITY doubt

SoniaKapoor
thanku Sir :-)
MA Economics
DSE
2014-16
L14
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Re: PROBABILITY doubt

L14
In reply to this post by SoniaKapoor
hi, pls clarify. I presume there are 3 winning tickets among the 100. And the person is drawing 4 tickets. We have to find the probability that he has drawn a winning ticket. correct?
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Re: PROBABILITY doubt

duck
Hi Ben10.. :)

Yes!
:)
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Re: PROBABILITY doubt

tanudas
In reply to this post by Amit Goyal
Why is it c(96,3) and not c(97,3) ?
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Re: PROBABILITY doubt

Akshay Jain
Akshay Jain
Masters in Economics
Delhi School of Economics
2013-15
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Re: PROBABILITY doubt

tanudas
Thank you very much akshay ! That was so helpful :)
I used the same method.

However i am afraid i still can't grasp why it is c(96,3) , the way sir solved it.