SOLUTION: Suppose the probability of selling a car is 0.25. Find the odds against selling a car today?

Algebra ->  Probability-and-statistics -> SOLUTION: Suppose the probability of selling a car is 0.25. Find the odds against selling a car today?      Log On


   



Question 389380: Suppose the probability of selling a car is 0.25. Find the odds against selling a car today?
Answer by robertb(5830) About Me  (Show Source):
You can put this solution on YOUR website!
The odds against selling a car is 0.75/0.25, or 3:1 (3 is to 1).