Discussion: Sequences, Induction, and Probability

McLaughlin High School is selling 1,000 tickets for $10 each to raise funds for its arts programs. One ticket will be drawn, and the person who bought it will win a $1,000 prize. What do think of such a system for raising funds? Would you buy a ticket? Why or why not?

In general, what is your personal view of games of chance, such as a raffle? Do you participate in such games? Do you have particular feelings about people who do or about those who offer them?

Now that you have explored probability and its related concepts in this unit, do you have a different perspective on games of chance than you used to? Is fairness or lack of fairness an issue for you regarding such games? Explain.