SOLUTION: A jar contains 100 tickets for a drawing. Among those tickets are 7 winning tickets. What are the odds in favor of winning?
Algebra ->
Probability-and-statistics
-> SOLUTION: A jar contains 100 tickets for a drawing. Among those tickets are 7 winning tickets. What are the odds in favor of winning?
Log On
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 ;)