87 If the probability of an event happening iswhat are the odds against it happening? 98...
if the odds against an event are 4:9 then the probability that the event will fail to occur is
The probability of an event is 1/12. Find the odds against that event. Express your answer as a ratio using the : notation, but DO NOT include any spaces in your response.
The odds of any event A occurring are given by P(A)/P(A') while the odds against any event A occurring are given by P(A')/P(A). In the game of craps, two fair dice are rolled and the sum of the faces showing is computed a. One bet in the game of craps is the "Yo" bet; this is a bet the next roll will be an eleven. If the bet were a fair one, the payout of the bet would be the...
Sometimes probability statements are expressed in terms of odds. The odds in favor of an event A is the following ratio. P(A)/P(not A) = P(A)/P(A^c) For instance, if P(A) = 0.60, then P(A^C) = 0.40 and the odds in favor of A are 0.60/0.40 = 6/4 = 3/2, written as 3 to 2 or 3:2. Show that if we are given the odds in favor of event A as n:m, the probability of event A is given by the following....
4. Suppose you wish to bet on an event with the probability 0.8 of happening. At what payout odds would it be a fair bet? 5. Suppose there are two players at a roulette table. The first player wagers $5 on BLACK and thesecond player wagers $10 on a 6 NUMBER bet. What is the casino’s expected total gain from the spin?
If P(A) = 1/6 then find the odds against A happening. 1:5 5:1 1:6 None of the above is correct.
If the odds in favor of an event occurring are 9 to 2, then the probability that the event will not occur is
We know that if the probability of an event happening is 100%, then the event is a certainty. Can it be concluded that there is a 50% chance of contracting a communicable disease through contact with an infected person, there would be a 100% chance of contracting the disease if 2 contacts were made with the infected person? Explain your answer
Ih each ca se, find The probability of an EVent E having +he given odds. a) The odds in favor of E are 4 t0 7 b) The odds in favor of Eare 7 1o 23 @ The probability of an event E Write an integer or a s'implified frac'tion occuring is eventE cauring is of O The probability write an integer or a an simplified fraction,
The odds of obtaining and item is 1/136. The event actually occurs 3 times, and the item is obtained 2 out of those 3 times. What are the percentage odds of that happening?