SOLUTION: Suppose the probability of selling a car is 0.30. Find the odds against selling a car today?
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Question 389179: Suppose the probability of selling a car is 0.30. Find the odds against selling a car today?
Found 2 solutions by richard1234, robertb:
Answer by richard1234(7193) (Show Source): You can put this solution on YOUR website!
0.70
Either one or the other happens, so the two probabilities add to 1.
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
The odds against selling a car would be 0.70/0.30, or 7:3 (7 is to 3).
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