in a carnival drawing,a green ticket wins $1,a yellow ticket wins $5,and a blue ticket wins $10. There are 100 green tickets, 25 yellow tickets and 5 blue tickets. in simplest form, what are the odds in favor of winning $5 or more?

Respuesta :

The answer is going to be 2/5

Probability helps us to know the chances of an event occurring. The odds in favour of winning $5 or more is 23%.

What is Probability?

Probability helps us to know the chances of an event occurring.

[tex]\rm Probability=\dfrac{Desired\ Outcomes}{Total\ Number\ of\ outcomes\ possible}[/tex]

To win $5 or more, the participant needs to draw a blue or yellow ticket. Therefore, the probability of winning a yellow or blue ticket is,

Probability

= (Number of blue tickets + Number of the yellow ticket)/ Number of tickets

= (25+5)/130

= 0.23 = 23%

Hence, the odds in favour of winning $5 or more is 23%.

Learn more about Probability:

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