Question 5. Suppose 60 raffle tickets were sold to 20 Houston Astros fans and 40 Philadel-
phia Phillies fans. Each ticket costs $100 and there are five prizes: one $1,000 prize and four
$500 prizes. Five tickets are drawn simultaneously to determine the prize winners.
What are the chances that at least three Phillies fans win prizes?
b) What are the expected winnings/losses for each ticket purchased?