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Solved: Odds. In Exercise, answer the given questions that

Chapter 4, Problem 46BB

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QUESTION:

Problem 46BB

 

Odds. In Exercise, answer the given questions that involve odds.

Finding Probability from Odds If the actual odds against event A are a:b, then P(A) = b/(a + b). Find the probability of the horse Make Music for Me winning the 136th Kentucky Derby, given that the actual odds against his winning that race were 36:1.

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QUESTION:

Problem 46BB

 

Odds. In Exercise, answer the given questions that involve odds.

Finding Probability from Odds If the actual odds against event A are a:b, then P(A) = b/(a + b). Find the probability of the horse Make Music for Me winning the 136th Kentucky Derby, given that the actual odds against his winning that race were 36:1.

ANSWER:

Answer

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Given If the actual odds against event A are a:b, then P(A) = b/(a + b)

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