The odds against winning $1.00 in the lottery are 19 to 1. What is the probability of winning $1.00 in the lottery?
A) 0.05
B) 0.0526
C) 0.90
D) 0.95

Name: The odds against winning $1.00 in the lottery are 19 to 1. What is the probability of winning $1.00 in the lottery? A) 0.05 B) 0.0526 C) 0.90 D) 0.95
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Question

Quizplus · Accepted Answer

The odds against winning are 19 to 1, which means that for every 20 tickets sold, 19 will lose and 1 will win. So the probability of winning is 1/20, which is 0.05.

The Odds Against Winning $1