Question

Prior to the Academy Awards ceremony in 2009, the United Kingdom bookmaker Ladbrokes reported the following odds for winning an Oscar in the category of best actress (The Wall Street Journal, February 20, 2009). Best Actress Anne Hathaway Angelina Jolie Melissa Leo Meryl Streep Kate Winslet Movie Rachel Getting Married Changeling Frozen River Doubt The Reader 1:20 1:33 3:10 5 :2 a. Express the odds for each actress winning as a probability. (Round your answers to 3 decimal places.) Best Actress Probability Anne Hathaway Angelina Jolie Melissa Leo Meryl Streep Kate Winslet

Answer 1

ube- Qiven1 he ACadem in Cexemon in 2001, unital Kirgmk a th 2009, uni Best Acbes Movie odds Amne ththauonyRac ebna Jolie Melissa Leo Meoyl streep Kate winslet Hlene, we need to find geding Mami hangeliy Fiozen Riven Dou bt I:Ro : 33 3 10 5: 2 The Readen -he adso each actew oinning as a proabibt, us given

let, -the events, be lakan ai P(Ar) Anne athwaay Melissa leo P(K)kate uoinslet Pobabilies very Acheu are sien shouon elouo ctres are Prokabiltie «very (AH) 22 2+t 13 : 01538 0-15 PA:) 21 433 0294 0.029 : P(ML) p (Melissa Le)-002

PIMs): 3 3-HO 13231 ayl Streep) 0.231 P(K)- 5 542 winslet) 01142 ence, -the pro bublties olds each acters are H Shaon belao Bext Actvess PrO Oinn Anne 0.I54 na. Joobe O ote 0. 029 Meylsbeep 23 Kote winglet! o. 구14 Mellisa Leo