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Question
in the drawing, six out of every 10 tickets are winning tickets. of the winning tickets, one out of every three awards is a larger prize. what is the probability that a ticket that is randomly chosen will award a larger prize? \\(\frac{2}{15}\\) \\(\frac{1}{5}\\) \\(\frac{5}{9}\\) \\(\frac{5}{6}\\)
Step1: Find probability of winning ticket
Probability of winning ticket is $\frac{6}{10}=\frac{3}{5}$.
Step2: Find probability of larger prize given winning
Probability of larger prize given winning is $\frac{1}{3}$.
Step3: Multiply the two probabilities
To find the probability of a ticket awarding a larger prize, multiply the two probabilities: $\frac{3}{5} \times \frac{1}{3} = \frac{1}{5}$.
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$\frac{1}{5}$ (corresponding to the option with $\frac{1}{5}$)