The odds that an event, A, happens is defined to be O(A) P(A) 1 - P(A) If the odds that event A occurs is 3.0, what is the probability it happens? (a) (b) = If the odds that event A occurs is 30, what is the probability it happens? 3.0¹

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
4. The odds that an event, A, happens is defined to be
O(A)
P(A)
1- P(A)
If the odds that event A occurs is 3.0, what is the probability it happens?
(a)
(b)
=
If the odds that event A occurs is 3:0, what is the probability it happens?
3.0'
Transcribed Image Text:4. The odds that an event, A, happens is defined to be O(A) P(A) 1- P(A) If the odds that event A occurs is 3.0, what is the probability it happens? (a) (b) = If the odds that event A occurs is 3:0, what is the probability it happens? 3.0'
Expert Solution
steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON