SOLUTION: If the odds against an event A are 15 to 1, what is the probability associated with event A occurring

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Question 393785: If the odds against an event A are 15 to 1, what is the probability associated with event A occurring
Answer by ewatrrr(24785) About Me  (Show Source):
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Hi

odds against an event A are 15 to 1 relates to:

odds in favor of an event occuring is 1:15 

P(of the event incurring) = 1/16