Question

what is meaning of odd in favour

Answer 1

odd in favour is an event play meaning of odds in favour of an event.

Answer 2

Odds in favor and odds in against – probability:

Odds in favor:

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 




 

For example;

Find the odds in favor of throwing a die to get “3 dots”.

Solution:

Total number of outcomes in throwing a die = 6

Number of favorable outcomes = 1

Number of unfavorable outcomes = (6 - 1) = 5

Therefore, odds in favor of throwing a die to get “3 dots” is 1 : 5 or 1/5

Odds against:

Odds against is given by Number of unfavorable outcomes to number of favorable outcomes.

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

For example;

Find the odds in against of throwing a die to get “3 dots”.

Solution:

Total number of outcomes in throwing a die = 6

Number of favorable outcomes = 1

Number of unfavorable outcomes = (6 - 1) = 5

Therefore, odds in against of throwing a die to get “3 dots” is 5 : 1 or 5/1

Then,

Probability of the event=

                                Number of favorable outcomes                                
    Number of favorable outcomes + Number of unfavorable outcomes