SOLUTION: If the odds against an event are two to three what is the probability that the event will occur

Algebra ->  Probability-and-statistics -> SOLUTION: If the odds against an event are two to three what is the probability that the event will occur      Log On


   



Question 1139754: If the odds against an event are two to three what is the probability that the event will occur
Answer by dkppathak(439) About Me  (Show Source):
You can put this solution on YOUR website!
If the odds against an event are two to three what is the probability that the event will occur
odd against an event=2:3
odd in favor of events =3:2= favorable :unfavorable
total events=3+2=5
probability of success=favorable : total
p=3/5=0.6=60%