Compute the probability of event E if the odds in favor of E
Compute the probability of event E if the odds in favor of E are: A. 24/25 B. 11/9 C. 23/21 D. 22/15 Type the probability as a fraction to each answer, thank you!
Solution
a) 24/25
P(E) = 24 / (24+25)
= 24/49
b) 11/9
P(E) = 11 / 11+9
= 11 / 20
c) 23/21
P(E) = 23 / 23+21
= 23 / 44
d) 22/15
P(E) = 22 / 22+15
= 22/ 37
