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Imagine that we flip a fair coin 1,000 times.
What is your best guess about how many
times the coin would come up heads in 1,000 flips?
(flips)
In the BIG BUCKS LOTTERY, the chance of winning a $10 prize is 1%.
What is your
best guess about how many people would win a $10 prize if 1,000 people each buy a
single ticket to BIG BUCKS?
(people)
In ACME PUBLISHING SWEEPSTAKES, the chance of winning a car is 1 in 1,000.
What percent of tickets to ACME PUBLISHING SWEEPSTAKES win a car?
(%)