Question: A person has bought one ticket each for two separate lotteries. Determine the probability of winning a grand prize for the two lotteries. a.For the
A person has bought one ticket each for two separate lotteries. Determine the probability of winning a grand prize for the two lotteries.
a.For the first lottery, 5 random numbers are drawn from 40. To win the grand prize, you need to select the correct 5 numbers?
For the second lottery, 4 random numbers are drawn one at a time from 35. To win the grand prize, you need to select the correct 4 numbers in the correct order?
A person is more likely to win the first lottery described in question 1.a., even though the first lottery requires a person to have more correct numbers (5 compared to 4) selected from a larger set of numbers (40 compared to 35). Explain why this is true.
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