If the probability of the event is
, then the odds in favor of an event are a to b.
The probability of winning a race is 0.70. Find the odds in favor of winning.
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If the probability of the event is |
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, then the odds in favor of an event are a to b. |
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Solve |
Step |
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a = 7 and a + b = 10 |
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7 + b = 10 Þ b = 3 |
Solve for b using a = 7 |
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The odds of winning are 7 to 3. (a to b) |
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