You are in a lucky draw there is a 0.02% chance that you can win you have 10 tickets. From logic we can say that 0.02 power 10 but should I not have a higher chance of winning the lucky draw can you please explain.
In: 1
Yes, you should. .02^10 is the chance that all your tickets are winners. Which is, as expected, much lower than the chance of having one single ticket (out of one) win.
What you want is the probability that not all 10 tickets lose.
Does that help?
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