At an Independence Day event attended by 3000 people, the committee provides 20 prizes to be drawn during the event. What is the probability that a participant gets a prize?
Explanation
Let P(A) be the probability that each person gets a prize, then:
P(A)=number of participantsnumber of prizes
P(A)=300020
P(A)=1501
P(A)≈0.0067
Therefore, the probability that a participant gets a prize is 0.0067.
