asked 86.5k views
1 vote
When pooling money to buy lottery tickets, does it increase the probability or improve the odds of winning?

a) Increases probability
b) Improves odds
c) Both a and b
d) Neither a nor b

1 Answer

7 votes

Final answer:

Pooling money to buy lottery tickets increases the probability of winning, but does not guarantee a win.

Step-by-step explanation:

The correct answer is a)Increases probability. When pooling money to buy lottery tickets, the probability of winning increases. By pooling their money, a group of people can buy more tickets, which in turn increases the chances of winning. However, it's important to note that while pooling money increases the probability of winning, it does not guarantee a win.

answered
User Mealesbia
by
8.8k points
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