What is the probability of winning the new car

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In a raffle contest, there are 45 blue tickets and 5 gold tickets in a bag. Contestants are given three chances to draw a ticket, and each time they draw a gold ticket, they receive a prize. However, if someone draws a gold ticket on ALL THREE DRAWS, they win a new car. If the tickets are not replaced after each draw, what is the probability of winning the new car?

Reference no: EM13179987

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