You are not logged in.
Pages: 1
Thanks for your help Mathsyperson. You have settled the arguments here. At least my guess was closer than all my mates!
My company offers 3 prizes of £1000 each year as attendance awards. This year there were 30 people in the draw. 3 of us agreed to share any prizes.
O.k. 3 names were drawn out of the hat. What are the odds that one of us three would win a prize?
I say that if the there was only one prize the odds are 30 to 1 for each person.
Because there are 3 prizes the odds reduce ot 10 to 1.
As there are three of us the odds that one will win is 3.3:1 that one of us will win a prize.
Is this correct or is it too simplistic?
Pages: 1