SOLUTION: PLEASE HELP ME SOLVE MY HW Find the odds against an event E when P(E)=4/9 Find the probability of an event when the odds against the event are 3:7

Algebra ->  Probability-and-statistics -> SOLUTION: PLEASE HELP ME SOLVE MY HW Find the odds against an event E when P(E)=4/9 Find the probability of an event when the odds against the event are 3:7       Log On


   

Question 893062: PLEASE HELP ME SOLVE MY HW
Find the odds against an event E when P(E)=4/9
Find the probability of an event when the odds against the event are 3:7
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Find the odds against an event E when P(E)=4/9
P(E') = 5/9
Ans:: odds against = P(E')/P(E) = 5:4
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Find the probability of an event when the odds against the event are 3:7
Ans: 7/(3+7) = 7/10
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Cheers,
Stan H.