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The ski club is holding a raffle to raise money. They sold 100 tickets. All of the tickets are placed in a jar. One ticket will be pulled out of the jar at random, and the winner will receive a prize. Cherie bought one raffle ticket. Find the probability she will win the prize. Convert the fraction to a decimal.

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What are you asked to find? The probability Cherie wins the prize. What is the number of favorable outcomes? 1, because Cherie has 1 ticket. Use the definition of probability. Probability of an event = number of favorable outcomes/total number of outcomes Substitute into the numerator and denominator. Probability Cherie wins=1/100 Convert the fraction to a decimal. Write the probability as a fraction. Probability=1/100 Convert the fraction to a decimal. Probability=0.01

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