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A person buys a lottery ticket in 50 lo...

A person buys a lottery ticket in 50 lotteres, in each of which his chance of winning a prize is `(1)/(100)`.
What is the probability that he will win a prize exactly once?

A

`(1)/(2)((99)/(100))^(49)`

B

`(1)/(2)((99)/(100))^(50)`

C

`(1)/(2)((99)/(100))^(48)`

D

None of these

Text Solution

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The correct Answer is:
A
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