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Rainbow_Dash
Group Title
Find the odds of an event if the probability of the event is given to be :
2/3
 2 years ago
 2 years ago
Rainbow_Dash Group Title
Find the odds of an event if the probability of the event is given to be : 2/3
 2 years ago
 2 years ago

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AccessDenied Group TitleBest ResponseYou've already chosen the best response.2
Observe the definitions of probability and odds first: Probability = (# of favorable outcomes) / (# total outcomes) Odds = (# of favorable outcomes) / (# of unfavorable outcomes)
 2 years ago

Rainbow_Dash Group TitleBest ResponseYou've already chosen the best response.0
So it's still gonna be 2/x
 2 years ago

Rainbow_Dash Group TitleBest ResponseYou've already chosen the best response.0
is it 2/1?
 2 years ago

AccessDenied Group TitleBest ResponseYou've already chosen the best response.2
Yes. :) We can extract the # of favorable outcomes and the # of total outcomes from the given information, and from this calculate the # of unfavorable outcomes by simple subtraction. Plug it in and you got your answer. :)
 2 years ago

satellite73 Group TitleBest ResponseYou've already chosen the best response.1
out of 3 times you win two, lose 1 odds are two to one
 2 years ago

Rainbow_Dash Group TitleBest ResponseYou've already chosen the best response.0
thanks guys :)
 2 years ago

AccessDenied Group TitleBest ResponseYou've already chosen the best response.2
You're welcome! :)
 2 years ago
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