GHong14 wrote:Wondering how this problem would differ if there was NO REPLACEMENT

as the question was not answered, I decided to post
probability with replacement means that every draw made is followed with a replacement (return) of the drawn object into the sample (or population). e.g. there are 4 balls- 1 blue and 3 yellow balls, what is P(yellow ball)?
a) with replacement => the first draw -yellow 3/4, the second draw, the ball is yellow 3/4, the third draw, the ball is yellow 3/4
b) without replacement, what is P(yellow ball)? the first draw -yellow 3/4, the second draw, the ball is yellow 2/3, the third draw, the ball is yellow 1/2
Likewise the example above, given the condition was changed - we have to make selection of three balls with odd and even numbers for the sum to be odd without replacement.
ODD EVEN EVEN => 50/100 * 50/99 * 49/98
ODD ODD ODD => 50/100 * 49/99 * 48/98
EVEN ODD EVEN => 50/100 * 50/99 * 49/98
EVEN EVEN ODD => 50/100 * 49/99 * 50/98
Our probability would result in 1/2; the difference between draws with replacement and without replacement is that such an independence of each draw from another => depending on which draw results in ODD or Even we calculate the new probability for the balls left in our box (sample)
That our probabilities with and without replacement are the same i.e. 1/2 is based on the fact rest on the fundamental probability concept => P=number of favorable outcomes/number of total outcomes
above the number of favorable outcomes for drawing ODD and drawing EVEN are the same 5 even and 5 odd => hence their probabilities with and without replacement would result in the similar probability despite dependence (not independence) of each draw from another.