anonymous
  • anonymous
The probability of an event occurring is 23/50. What are the odds that the event will occur?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
if the probability in favor is p, then the odds in favor are \[\frac{p}{1-p}\] i.e. probabilty in favor divided by the probability against. in this case you get \[\frac{23}{27}\]
anonymous
  • anonymous
think of it easy as 23 out of 50 chances to win and therefore 27 out of 50 to lose.
amistre64
  • amistre64
the odds are 46%

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amistre64
  • amistre64
23/50 that it occurs. the odds that it WILL occur are 46% right?
anonymous
  • anonymous
really? in that case i made a mistake, but i don't think so.
anonymous
  • anonymous
oh no that is probability, not odds.
amistre64
  • amistre64
ahhh... like saying 5 to 2 or something right?
anonymous
  • anonymous
if the probability i win is \frac{2}{3}\] then the odds i win are two to one.
anonymous
  • anonymous
\[\frac{p}{1-p}\]
amistre64
  • amistre64
chance occur to chance not occur is an odd then right?
anonymous
  • anonymous
right like saying 5 to 2. exactly
anonymous
  • anonymous
yes right.
anonymous
  • anonymous
not really used much in math, but sometimes. gamblers' ruin problem. used mostly at the track.

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