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Suppose a Sorority Is Selling 500 Raffle Tickets to Raise

Question 24

Multiple Choice

Suppose a sorority is selling 500 raffle tickets to raise money for a local charity. You are going to be the first person to purchase any of the tickets. What is the smallest number of tickets you need to purchase to ensure that your probability of winning is greater than anyone else's probability of winning?


A) 251
B) 250
C) 500
D) 0.5
E) 2

Correct Answer:

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