SOLUTION: Suppose the probability of selling a car is 0.30. Find the odds against selling a car today?
Algebra
->
Probability-and-statistics
-> SOLUTION: Suppose the probability of selling a car is 0.30. Find the odds against selling a car today?
Log On
Algebra: Probability and statistics
Section
Solvers
Solvers
Lessons
Lessons
Answers archive
Answers
Click here to see ALL problems on Probability-and-statistics
Question 389179
:
Suppose the probability of selling a car is 0.30. Find the odds against selling a car today?
Found 2 solutions by
richard1234, robertb
:
Answer by
richard1234(7193)
(
Show Source
):
You can
put this solution on YOUR website!
0.70
Either one or the other happens, so the two probabilities add to 1.
Answer by
robertb(5830)
(
Show Source
):
You can
put this solution on YOUR website!
The odds against selling a car would be 0.70/0.30, or 7:3 (7 is to 3).