SOLUTION: The Raptors have an 80% chance of winning the next playoffs. a.What are the odds in favour of them winning? b.What are the odds against them winning?

Algebra ->  Finance -> SOLUTION: The Raptors have an 80% chance of winning the next playoffs. a.What are the odds in favour of them winning? b.What are the odds against them winning?       Log On


   

Question 1173799: The Raptors have an 80% chance of winning the next playoffs.
a.What are the odds in favour of them winning?

b.What are the odds against them winning?

Answer by ikleyn(53937) About Me  (Show Source):
You can put this solution on YOUR website!
.

(a)  The odds in favor  are  80:20,  or  8:2,  or  4:1.



(b)  the odds against  are  20:80,  or  2:8,  or  1:4.

-------------

A bit of common sense is enough to answer these questions.

Actually, you even do not need know Math, in order for to answer.