SOLUTION: If the odds against an event are 2:5, then the probability of the event = ______(write answer as a fraction).
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Question 1115273: If the odds against an event are 2:5, then the probability of the event = ______(write answer as a fraction).
Found 2 solutions by stanbon, josmiceli:
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
If the odds against an event are 2:5, then the probability of the event = ______(write answer as a fraction).
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odds against = P(against)/P(for)
If odds against are 2:5 = (2/7)/(5/7)
Then P(for) = 5/7
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Cheers,
Stan H.
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Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
For odds:
[ chance of a favorable outcome ]:
[ chance of an unfavorable outcome ]:
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For probability:
[ chance of a favorable outcome ] / { total of all possible outcomes ]
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