SOLUTION: If the probability of an event is 0.15, what are the odds against the event? Write answer as a ratio using a colon to separate the two numbers, and the ratio must be reduced to the
Algebra ->
Probability-and-statistics
-> SOLUTION: If the probability of an event is 0.15, what are the odds against the event? Write answer as a ratio using a colon to separate the two numbers, and the ratio must be reduced to the
Log On
Question 1142648: If the probability of an event is 0.15, what are the odds against the event? Write answer as a ratio using a colon to separate the two numbers, and the ratio must be reduced to the lowest terms. Answer by Theo(13342) (Show Source):
You can put this solution on YOUR website! if the probability for an event is .15, then the probability against the event is (1 - .15) = .85.
the odds for the event is the probability for divided by the probability against = .15 / .85 = 15 / 85 = 3 / 17 = 3:17.
the odds against the event is the probability against divided by the probability for = .85 / .15 = 85 / 15 = 17 / 3 = 17:3.
