SOLUTION: If the odds for pulling a prize out of the box are 3:4, what is the probability of not pulling a prize out of the box? Express your answer as a common fraction.

Algebra ->  Probability-and-statistics -> SOLUTION: If the odds for pulling a prize out of the box are 3:4, what is the probability of not pulling a prize out of the box? Express your answer as a common fraction.      Log On


   

Question 317867: If the odds for pulling a prize out of the box are 3:4, what is the probability of not pulling a prize out of the box? Express your answer as a common fraction.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
If the odds for pulling a prize out of the box are 3:4, what is the probability of not pulling a prize out of the box?
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Fact: Odds for an event (E) = P(E)/P(E')
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P(not pulling a prize) = 4/(3+4) = 4/7
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Cheers,
Stan H.
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Express your answer as a common fraction.