The probability that a person wins a prize on a lottery ticket is \( \frac{1}{4} \). If he purchases 5 lottery tickets at random, then the probability that he wins at least one prize is
Show Hint
Use the complement rule for problems involving "at least one" events. Find the probability of the complementary event (no wins) and subtract it from 1.
Step 1: Use the complement rule.
The probability of winning at least one prize is the complement of the probability of not winning any prizes. If the probability of winning on a single ticket is \( \frac{1}{4} \), then the probability of not winning on a single ticket is \( 1 - \frac{1}{4} = \frac{3}{4} \).
Step 2: Calculate the probability of not winning on 5 tickets.
The probability of not winning on all 5 tickets is:
\[
\left( \frac{3}{4} \right)^5 = \frac{243}{1024}.
\]
Step 3: Calculate the probability of winning at least one prize.
The probability of winning at least one prize is the complement:
\[
1 - \frac{243}{1024} = \frac{781}{1024}.
\]
Step 4: Conclusion.
Thus, the probability that the person wins at least one prize is \( \frac{781}{1024} \), which corresponds to option (C).