A company is offering one grand prize, two second place prizes, and 10 third place prizes. If you entered one of the 750 entries, what is the probability you will win the grand prize?

Enter your answer as a fraction in simplest form.

Respuesta :

The probability of winning the grand prize [tex]= \frac{1}{750}[/tex]

Probability of an event [tex]E, P(E)=\frac{\textup{Number of favorable outcomes}}{\textup{Total number of outcomes}}[/tex]

Total entries [tex]= 750[/tex].

Number of grand prizes [tex]= 1[/tex]

So, the probability of winning the grand prize [tex]= \frac{1}{750}[/tex]

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