If ten people each have a ten percent chance of winning a prize. What is the probability that at least one of them wins the prize?
Background :
there are 100 prizes to be won, and 1000 people with their names in the hat to win the prize.
Therefore, one person has a ten percent chance of winning... If you can place your name in the hat ten times... what are your odds of winning. (assuming your ten tickets are included within the 1000 total)
How did you figure this out?
Thanks!
Daniel