In a lottery there are 100 tickets, of which five have a prize. Indicate the probability that if you buy five tickets, two will have a prize.
There are 100 lottery tickets, of which 5 have a prize. Now 5 tickets are drawn randomly from these 100 tickets.
Any 5 tickets from 100 tickets can be drawn in 100C5 =75287520 possible ways.
Now there are 5 tickets having a prize and 95 tickets that do not have any prize. Thus, 2 tickets from these 5 winning tickets can be drawn in 5C2 possible ways and for each way the other (5-2) =3 tickets from the 95 tickets can be drawn in 95C3 possible ways.
Thus, there are 5C2*95C3 possible ways in which 2 prize winning tickets can be drawn from 100 tickets.
Thus, the probability that 2 tickets will have a prize is,
(5C2*95C3)/100C5=0.0184(approximately) .
Thus, the required probability is 0.0184.
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