SOLUTION: A jar contains 100 tickets for a drawing. Among those tickets are 7 winning tickets. What are the odds in favor of winning?

Question 766178: A jar contains 100 tickets for a drawing. Among those tickets are 7 winning tickets. What are the odds in favor of winning?

Answer by 2897696(96) (Show Source): You can put this solution on YOUR website!
to find the odds in favor remember the fraction is (odds in favor)/(odds against
odds of winning ==>7
odds against ==> 100-7 *IMPORTANT notice that it is not out of 100 because find odds in favor is different then find probability of the 7 tickets.
so the fraction is now 7/(100-7) ==> 7/93
ANSWER: The odds in favor of winning is 7/93 (may the odds ever be in your favor ;)

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