SOLUTION: The odds in favor of horse winning a race are posted as 8:7. find the probability that the horse wlll lose the race.

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Question 436931: The odds in favor of horse winning a race are posted as 8:7. find the probability that the horse wlll lose the race.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi

The odds in favor of horse winning the race are posted as 8:7

The odds in favor of horse losing the race are 7:8

P(horse losing the race ) = 7/15