Suppose that you enter a drawing by obtaining one of 20 tickets that have been distributed.By using the classical method, you can determine that the probability of your winning the drawing is 0.05.

Question

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The classical method of probability states that the probability of an event happening is equal to the number of favorable outcomes divided by the number of possible outcomes. In this case, there is only one favorable outcome (winning the drawing) out of 20 possible outcomes (the total number of tickets distributed). So the probability of winning is 1/20, which simplifies to 0.05 or 5%.

Suppose That You Enter a Drawing by Obtaining One of 20