SOLUTION: Suppose the probability of selling a car today is 0.26. Find the odds against selling a car today. the odds are [ ].
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-> SOLUTION: Suppose the probability of selling a car today is 0.26. Find the odds against selling a car today. the odds are [ ].
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Question 324359: Suppose the probability of selling a car today is 0.26. Find the odds against selling a car today. the odds are [ ]. Answer by Fombitz(32388) (Show Source):
You can put this solution on YOUR website! Probability is given as positive outcomes over total outcomes.
Out of 100 outcomes, 26 will be selling a car.
Out of that same 100 outcomes, 74 will be not selling a car.
Odds are given as outcomes for to outcomes against.
Odds for not selling a car would then be 74 to 26, or in lowest terms 37 to 13.
