Question

Suppose the odds against winning the lottery as 48,000,000 to 1. What is the probability of the event of winning the lottery given these odds?

Answer 1

The probability according to the given scenario will be "$\frac{1}{48,000,001}$".

According to the question:

• The odds against winning the lottery are 48,000,000 to 1.
• Favorable outcome = 1

→ The total outcome will be:

= $48,000,000 +1$

= $48,000,001$

As we know,

→ $P(E) = \frac{Favorable \ outcomes}{Total \ outcomes}$

By putting the values, we get

→           $=\frac{1}{48,000,001}$

Thus the above response is right.

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