SOLUTION: The odds against Thunderbolt winning the Birmingham Derby are 11:3. Find the probability that Thunderbolt wins. A) 3/11 B) 3/14 C) 8/11 D) 8/14 E) 3/8

Algebra ->  Probability-and-statistics -> SOLUTION: The odds against Thunderbolt winning the Birmingham Derby are 11:3. Find the probability that Thunderbolt wins. A) 3/11 B) 3/14 C) 8/11 D) 8/14 E) 3/8       Log On


   

Question 204804: The odds against Thunderbolt winning the Birmingham Derby are 11:3. Find the probability that Thunderbolt wins.
A) 3/11 B) 3/14 C) 8/11 D) 8/14 E) 3/8

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The odds against Thunderbolt winning the Birmingham Derby are 11:3. Find the probability that Thunderbolt wins.
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Odds against event A = [P(A')]/[P(A)]
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Equation:
[P(A')]/[P(A)]= 11/3 = [11/14]/[3/14]
P(A) = 3/14
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Cheers,
Stan H.

A) 3/11 B) 3/14 C) 8/11 D) 8/14 E) 3/8