A school launched a "Reading Festival" with the theme of "Reading Teaching" and held five competitions (one each).

(1) Total number of participants =50÷ 10%=500.

Then the proportion of people participating in calligraphy =125500 = 25%;

Composition participants = 500× 30% =150;

The proportion of people who participated in handwritten newspapers =100500 = 20%;

The number of participants in the textbook drama = 500-50-125-150-100 = 75, accounting for 75,500 =15%;

(2) The statistical chart drawn is as follows:

.

(3) Incorrect.

The winning rate of participating in speech =550= 10%, and the winning rate of participating in handwritten newspaper =8 100=8%.

Therefore, it is incorrect to say that the award-winning rate of speeches is lower than that of handwritten newspapers.