SOLUTION: If the odds in favor of an event A are 2 to 3, what is the probability associated with event A occurring? Can someone help me setup the formula to solve the problem and I will s

Algebra ->  Probability-and-statistics -> SOLUTION: If the odds in favor of an event A are 2 to 3, what is the probability associated with event A occurring? Can someone help me setup the formula to solve the problem and I will s      Log On


   

Question 393782: If the odds in favor of an event A are 2 to 3, what is the probability associated with event A occurring?
Can someone help me setup the formula to solve the problem and I will solve it. I am having a hard coming up with the formula.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!


Hi

odds in favor of an event A are 2 to 3, 

probability associated with event A occurring is 2/5

odds in favor x:y relates to probability of x/(x+y) of x occuring.