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.
Odds against the event = (1 - p)/p
here p = 1/12
odds = (11/12)/(1/12) = 11/1
odds = 11:1
The probability of an event is 1/12. Find the odds against that event. Express your answer...
if the odds against an event are 4:9 then the probability that the event will fail to occur is
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...
87 If the probability of an event happening iswhat are the odds against it happening? 98 The odds against the event are
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....
1.)Use the definitions given in the text to find both the odds for and the odds against the following event. Flipping 2 fair coins and getting 2 tails. The odds for getting 2 tails are to what to what.(Type a whole number.) The odds against getting 2 tails are what to what. (Type a whole number.) 2.)Determine whether the following individual events are overlapping or non-overlapping. Then find the probability of the combined event. Getting a sum of either 2...
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,
Suppose the probability of selling a car today is 0.32. Find the odds against selling a car today.
Compute the probability of event E if the odds in favor of E are (A) 74 (B) 38 (c) (0) 20 (A) P(E)=(Type the probability as a fraction. Simplify your answer) (B) P(E)-(Type the probability as a fraction. Simplify your answer.) (C) P(E)-(Type the probability as a fraction. Simplify your answer.) (D) P(E)-(Type the probability as a fraction. Simplify your answer.)
If the probability that an event will occur is 6 7 then the probability that the event will not occur is 1 7 and the odds in favor of the event occurring are The odds are 10 (Simplify your answer)
The probability of event A is P(A) = 0.5 and the probability of event B is P(B) = 0.3. (Express all answers as decimals; do not include unnecessary decimal places--i.e. answers should be in the form 0.2 or .2, and NOT 0.20, 2/10 or 20%.) a) Find P(A and B) if A and B are disjoint. b) Find P(A or B) if A and B are disjoint. c) Find P(A or B) if P(A and B) = 0.2. d) Find...