A couple of friends and I are struggling with coming up with an answer to this question. It's seemingly simple but I need a little help.
6 people put their name into a hat. One by one, names are pulled without replacement. What are the odds that your name will be picked last?
My thoughts are: in each pick you're looking at the odds that your name is not getting picked. So first it's $\frac{5}{6}$, then $\frac{4}{5}$, then $\frac{3}{4}$, $\frac{2}{3}$, $\frac{1}{2}$. And it's the chance you don't get picked first AND you don't get picked second, third ... so
$$\frac{5}{6} \cdot \frac{4}{5} \cdot \frac{3}{4} \cdot \frac{2}{3} \cdot \frac{1}{2} = \frac{1}{6}$$
Agree/Disagree?
Thank you in advance for your help.