SOLUTION: The odds against Lounging Larry winning the horse race are 5:12. Determine the probability that Lounging Larry wins the horse race.

Question 628111: The odds against Lounging Larry winning the horse race are 5:12. Determine the probability that Lounging Larry wins the horse race.
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi,

odds against winning 5:12   |m:n odds against:  event will not occur m times for every n times it does occur.



P(winning) = 12/17 

RELATED QUESTIONS

 The odds against Lounging Larry winning the horse race are 12:5. Determine the... (answered by solver91311)
The odds against Lounging Larry winning the horse race are 8:5. Determine the probability  (answered by ewatrrr)
The odds against Lounging Larry winning the horse race are 8:5. Determine the probability  (answered by solver91311)
The odds against Lounging Larry winning the horse race are 3:8. Determine the probability  (answered by jim_thompson5910)
The odds against Lounging Larry winning the horse race are 2:13. Determine the... (answered by stanbon)
The odds against Lounging Larry winning the horse race are 5:12. Determine the... (answered by ewatrrr)
The odds against Lounging Larry winning the horse race are 3:8. Determine the probability  (answered by jorel1380)
The odds against Lounging Larry winning the horse race are 8:5. Determine the probability  (answered by richard1234,solver91311)
The odds against Trotting Timmy winning the horse race are 17:6. Determine the... (answered by Fombitz,stanbon)