The probability of winning a prize on a Scratch 'N Win ticket is 0.13. Assuming that the tickets are all independent of each other, what is the probability that it will take you at least 5 tickets before you win your first prize?
Round your answer to at least 3 decimal places.
Let X be the number of tickets you require before you win your first prize
To find P(X >= 5)
= P(X = 5) + P(X = 6) + P(X = 7) + P(X = 8) + ..........
In all the cases only the last tick wins you the prize while the remaining tickets don't get the winning number
Thus, P( X = 5) =
P(X = 6) =
........
P(X = n) =
The sum is an infinite Geometric progression with
First term, a =
and common difference, r = 0.87
Thus, required probability =
= = 0.573
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