The probability of both Nic and Tim winning the raffle at the same time is 1/100.
Probability is a mathematical measurement of a likelihood of an event to happen. Given that both Nic and Tim each purchase one raffle ticket out of 10 tickets and that there will be two winners selected, the odds of either Nic or Tim winning the raffle out of 10 ticket is 1/10.
Since the odds of either Nic or Tim winning the raffle ticket is 1 out of 10 or 1/10, we can then calculate the mathematical probability of two events occurring at the same time with a multiplication rule formula as follows:
1/10×1/10=1/100
Hence, the odds of both Nic and Tim winning at the same time is 1 out of 100 or 1/100.
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