SOLUTION: The odds against Lounging Larry winning the horse race are 8:5. Determine the probability that Lounging Larry wins the horse race.
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Probability-and-statistics
-> SOLUTION: The odds against Lounging Larry winning the horse race are 8:5. Determine the probability that Lounging Larry wins the horse race.
Log On
Odds 8 to 5 against means there are 8 ways to lose and 5 ways to win. Probability of win is the number of ways to win divided by the number of ways it can happen at all.
John
My calculator said it, I believe it, that settles it