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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?

Verified Answer :

joey222

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.

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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:

https://brainly.com/question/795909

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