SOLUTION: Currently Samsung ships 22.6 percent of the organic light-emitting diode (OLED) displays in the world. Let S be the event that randomly selected OLED display was made by Samsung.

Algebra ->  Probability-and-statistics -> SOLUTION: Currently Samsung ships 22.6 percent of the organic light-emitting diode (OLED) displays in the world. Let S be the event that randomly selected OLED display was made by Samsung.       Log On


   

Question 1141310: Currently Samsung ships 22.6 percent of the organic light-emitting diode (OLED) displays in the world. Let S be the event that randomly selected OLED display was made by Samsung.
A. Find p(S)
B. Find P(S')
C. Find the odds in favor of event S
D. Find the odds against event S
I am stumped with this question I need some help
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
Currently Samsung ships 22.6 percent of the organic light-emitting diode (OLED) displays in the world. Let S be the event that randomly selected OLED display was made by Samsung.

A. Find p(S)

p(S) = .226

B. Find P(S')

p(not S) = 1 - .226 = .774

C. Find the odds in favor of event S

odds in favor of S is equal to .226 / .774

D. Find the odds against event S

odds against S is equal to .774 / .226.

here's a reference that should explain it.

https://stats.seandolinar.com/statistics-probability-vs-odds/

any questions, write to dtheophilis@gmail.com