Question

An instant lottery game gives you probability 0.03 of winning on any one play. Plays are...

An instant lottery game gives you probability 0.03 of winning on any one play. Plays are independent of each other. If you are to play four times in a row, the probability that you do not win in any of the four consecutive plays is about: (Answer as a decimal rounded to three decimal places)

Homework Answers

Answer #1

Probability of winning the game in a single play (p) = 0.03

Number of plays (n) = 4

Probability of failure in a single game (q) = 1 - p = 1 - 0.03 = 0.97

Let X be a random variable representing the number of wins.

Now X ~ N( n = 4, p = 0.03)

P(X = x) =

Probability of not winning in any of the four consecutive plays is given as P(X = 0).

P(X = 0) = =   = (0.97)4 = 0.8852 0.885

Hence, probability of not winning in any of the four consecutive plays is 0.885

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