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The Chip Board Archive 20

But hose are he odds of winning just one prize.

There are drawings for 3 prizes.

Lets say that a vendor is giving away a free trip to 1 of 10 employees. Your odds in thayt case are 1 in 10

However if they decided to give away 5 trips instead to those same employees, each employee now has a 5 in 10 chance of winning.

Now if the trips are different, then you are correct that each employee has still has only a 1 in 10 chance of winning he trip to Paris and a 1 in 10 chance of winning the trip to Rome, ect.

However the chance of winning ANY of the trips is 1 in 5.

At least thats how I have always calculated odds.

Doug

Messages In This Thread

Question for the Odds Makers and Statisticans..
(Message Deleted by Poster)
I Think You Should Be My Accountant vbg
Re: Question for the Odds Makers and Statisticans.
Re: Question for the Odds Makers and Statisticans.
Huh???
The odds are 966 to 1 on you winning
Re: The odds are 966 to 1 on you winning
Re: The odds are 966 to 1 on you winning
Re: Question for the Odds Makers and Statisticans.
Here is what you missed
Re: Here is what you missed
Steve, Your thinking about this the wrong way.
Re: Steve, Your thinking about this the wrong way.
But hose are he odds of winning just one prize.
OOps, I mean 1 in 2 or 50%

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