Sunday, December 21, 2014

349: Hole-in-One Insurance

If the average golfer is able to get a hole-in-one once in approximately 3000 rounds of golf (18 holes apiece), then what is the probability of any one of 100 average golfers getting a hole-in-one on the 5th hole during the weekend golf tournament?

What's the best way to find this out if you're the insurance company that will write this policy?

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