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The probability of winning the grand prize at a particular carnival game is 0.005. Michele wins the grand prize. Is this considered a rare or common event? Why?

Short Answer

Expert verified

The probability of winning the grand prize at a selected carnival game is taken into account as a rare event

Step by step solution

01

Given information 

The probability of winning the grand prize=0.005

02

Explanation 

The chance of winning the last word prize during a carnival game is taken into account as a rare event. The probability of winning the grand prize is 0.5%which is less than the probability of losing the prize. Therefore Michele winning the grand prize is a rare event.

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