SOLUTION: Suppose the probability of selling a car today is 0.34. what are the odds of selling a car today?
Algebra.Com
Question 293588: Suppose the probability of selling a car today is 0.34. what are the odds of selling a car today?
Answer by brucewill(101) (Show Source): You can put this solution on YOUR website!
Odds are generally stated in x-1. For example, if there were 1 way to do something, and 3 possibilities, the "odds" would be 3-1.
All we do is divide 1 by the probablity.
or 1-2.94.
RELATED QUESTIONS
Suppose the probability of selling a car today is 0.28. Find the odds against selling a... (answered by Edwin McCravy)
Suppose the probability of selling a car today is 0.34. Find the odds against selling a... (answered by ewatrrr)
Suppose the probability of selling a car today is 0.32. Find the odds against selling a... (answered by sudhanshu_kmr,ewatrrr)
Suppose the probability of selling a car today is 0.36. Find the odds against selling a... (answered by ewatrrr,3882,ikleyn,greenestamps)
Suppose the probability of selling a car today is 0.26. Find the odds against selling a... (answered by Fombitz)
Suppose the probability of selling a car today is 0.36. Find the odds against selling a... (answered by stanbon)
Suppose the probability of selling a car is 0.25. Find the odds against selling a car... (answered by robertb)
Suppose the probability of selling a car is 0.30. Find the odds against selling a car... (answered by richard1234,robertb)
Gwen bought a Toyota Corolla today. The selling price plus 8% state tax was 15,714.00.... (answered by Greenfinch)