In: Statistics and Probability
In a certain lottery, an urn contains balls numbered 1 to 37. From this urn, 4 balls are chosen randomly, without replacement. For a $1 bet, a player chooses one set of four numbers. To win, all four numbers must match those chosen from the urn. The order in which the balls are selected does not matter. What is the probability of winning this lottery with one ticket?
Number of ways 4 balls are chosen randomly, without replacement (when order in which the balls are selected does not matter) = 37C4
= 37! / [(37 - 4)! * 4!]
= 37! / (33! * 4!)
= (37 * 36 * 35 * 34) / (4 * 3 * 2 * 1)
= 66045
For a $1 bet, a player can choose only one set of four numbers out of 66045 sets.
So, the probability of winning this lottery with one ticket = 1 / 66045