LearningIsFun
New member
- Joined
- Oct 22, 2010
- Messages
- 4
You purchase a scratch ticket that says you have a 1 in 4 chance of winning, so you buy 3 more. With a total of 4 tickets and that chance, you feel you will definitely win. Is that an accurate assumption? Why or why not?
No, I just feel that would be too easy and everyone would win and the people who sell the scratch tickets would not make any money and we all no that is not the point, they are in it to make money. I understand that a 1 in 4 chance means that you have a 25% chance of winning. This is where I get stuck because I don’t know how to explain why, other than it’s just not that easy.
On the other hand I was talking to two of my friends and they both think that buying 4 tickets would definitely mean that you would win. I can explain this way. If you have 1 ticket you would have a 25% chance of winning, if you have 2 tickets you have a 50% chance of winning, if you have 3 tickets you have a 75% chance of winning and if you have 4 tickets you have a 100% chance of winning, but that is too easy right?
No, I just feel that would be too easy and everyone would win and the people who sell the scratch tickets would not make any money and we all no that is not the point, they are in it to make money. I understand that a 1 in 4 chance means that you have a 25% chance of winning. This is where I get stuck because I don’t know how to explain why, other than it’s just not that easy.
On the other hand I was talking to two of my friends and they both think that buying 4 tickets would definitely mean that you would win. I can explain this way. If you have 1 ticket you would have a 25% chance of winning, if you have 2 tickets you have a 50% chance of winning, if you have 3 tickets you have a 75% chance of winning and if you have 4 tickets you have a 100% chance of winning, but that is too easy right?