Answer on Statistics and Probability Question for Mohan Krishna
If the player buys 50 tickets in one lottery the probability to win equals to 50/100=1/2.
It the player buys 50 times one ticket probability to win equals to
P(win)=1-P(lose)=1-P(lose at every lottery)^50=1-(99/100)^50=0.395
So it is better to buy 50 tickets in one lottery.
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