SOLUTION: If P(A)=2/5, compute the odds in favor of A resulting from a single trial of an experiment.
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Question 470456
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If P(A)=2/5, compute the odds in favor of A resulting from a single trial of an experiment.
Answer by
solver91311(24713)
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Probability: The number of desireable outcomes divided by the total number of outcomes.
Odds: The number of desireable outcomes divided by the number of undesireable outcomes.
The numerator of the odds fraction is equal to the numerator of the probability fraction.
The denominator of the odds fraction is the denominator of the probability fraction MINUS the numerator of the probability fraction.
Hence, if the probability is
, the odds fraction is
, also expressed as
or
to
.
John
My calculator said it, I believe it, that settles it
