Question: Lottery a name is drawn at random from the 96 entrants in a golf tournament. The person whose name is selected draws a ball from a bag containing four balls, one of which is embossed with the Peggos Company logo. If the person draws the ball with the logo, he or she wins a set of Ping irons. If you are one of the entrants in the tournament, what is the probability that you will win the Ping irons?