Question

Event A has odds in favour for the event B for 3:5 find P(B) & P(A).If P(C)=0.3 find odds in favour and against C.

Answer 1

Step-by-step explanation:

Odds in favor of a particular event are given by Number of favorable outcomes to Number of unfavorable outcomes.

Number of favorable outcomes. P(A) = Number of unfavorable outcomes.

Number of unfavorable outcomes. P(A) = Number of favorable outcomes.

success. Odds = Failures.

success. Odds = (Success + Failures)