SOLUTION: A certain horse "Greased Lightning" has a probability of 0.7 of winning the race.
a. What are the odds in favor of this horse winning the race?
b. What are the odds against
Algebra ->
Probability-and-statistics
-> SOLUTION: A certain horse "Greased Lightning" has a probability of 0.7 of winning the race.
a. What are the odds in favor of this horse winning the race?
b. What are the odds against
Log On
Question 867530: A certain horse "Greased Lightning" has a probability of 0.7 of winning the race.
a. What are the odds in favor of this horse winning the race?
b. What are the odds against this horse winning the race?
You can put this solution on YOUR website! A certain horse "Greased Lightning" has a probability of 0.7 of winning the race.
Note: P(GL loses) = 0.30
--------------------------------
a. What are the odds in favor of this horse winning the race?:: 7:3
---------------------------------------------------------------------
b. What are the odds against this horse winning the race?:: 3:7
=================================================================
Cheers,
Stan H.
-------------------