Answer:
The probability that you will win if the sampling is done with replacement is [tex]P(W) = \frac{273}{3125}[/tex]
Step-by-step explanation:
If you draw first, you will win if the WIN ball is selected in an odd-turn: 1st, 3rd or 5th.
The probability of getting WIN in the first draw is
[tex]P(X_1=W)=\frac{1}{5}[/tex]
that is the probability of getting one specific ball (the WIN one) in the group of five balls.
The probability of getting WIN in the 3rd row, implies that in the first two draws the balls were LOSE:
[tex]P(X_3=W)=P(X_1=L)*P(X_2=L*)*P(X_3=W)=\frac{4}{5}* \frac{4}{5}* \frac{1}{5} =\frac{16}{125}[/tex]
The probability of getting WIN in the 5th row, implies that in the first four draws the balls were LOSE:
[tex]P(X_5=W)=P(X_1=L)*P(X_2=L*)*P(X_3=L)*P(X_4=L)*P(X_5=W)\\\\P(X_5=W) =\frac{4}{5}* \frac{4}{5}* \frac{4}{5}* \frac{4}{5}* \frac{1}{5} =\frac{256}{3125}[/tex]
The probability that you will win if you draw first is then:
[tex]P(W) = P(X_1=W)+P(X_3=W)+P(X_5=W)= \frac{1}{5} +\frac{16}{125} +\frac{256}{3125} \\\\P(W)=\frac{1+16+256}{3125}= \frac{273}{3125}[/tex]