In: Statistics and Probability
There are 27 tickets in the lottery, of which 5 tickets win and 3 give the right to draw the next ticket. Calculate the probability of winning by purchasing one lottery ticket.
Number of tickets = 27
Number of tickets that win you the lottery = 5
Number of tickets that give you the right to draw the next ticket = 3
There are 4 cases to this problem -
Probability of drawing the winning ticket = 5C1 / 27C1 = 5/27 = 0.18519
Probability of drawing a ticket that gives you the right to draw the next ticket = 3C1 / 27C1 = 3/27 = 1/9
Probability of drawing the winning ticket = 5C1 / 26C1 = 5/26
Total probability of winning the lottery = (1/9) x (5/26) = 0.02136
Probability of drawing a ticket that gives you the right to draw the next ticket = 3C1 / 27C1 = 3/27 = 1/9
Probability of drawing the same type of ticket in the second draw = 2C1 / 25C1 = 2/25
Probability of drawing the winning ticket = 5C1 / 24C1 = 5/24
Total probability of winning the lottery = (1/9) x (2/25) x (5/24) = 0.00185
Probability of drawing a ticket that gives you the right to draw the next ticket = 3C1 / 27C1 = 3/27 = 1/9
Probability of drawing the same type of ticket in the second draw = 2C1 / 25C1 = 2/25
Probability of drawing the same type of ticket in the third draw = 1 / 24C1 = 1/24
Probability of drawing the winning ticket = 5C1 / 23C1 = 5/23
Total probability of winning the lottery = (1/9) x (2/25) x (1/24) x (5/23) = 0.00008
Therefore ,
Total probability of winning the lottery by purchasing one ticket = 0.18519 + 0.02136 + 0.00185 + 0.00008
= 0.20848
(NOTE THAT : The above probabilities are calculated when the tickets are drawn WITHOUT REPLACEMENT procedure)