The odds in favor and the odds against to choose a blue marble, if a bag has three blue marbles and seven yellow marbles. It is given that the ratio of the probability that the event occurs to the probability that the event doesn’t occur represents the odds in favor for the event to occur and the reciprocal of the ratio represents the odds against for the event to occur.
The odds in favor and the odds against to choose a blue marble, if a bag has three blue marbles and seven yellow marbles. It is given that the ratio of the probability that the event occurs to the probability that the event doesn’t occur represents the odds in favor for the event to occur and the reciprocal of the ratio represents the odds against for the event to occur.
Solution Summary: The author calculates the odds in favor and odds against to choose a blue marble based on the probability that the event occurs and the reciprocal of the ratio.
To calculate: The odds in favor and the odds against to choose a blue marble, if a bag has three blue marbles and seven yellow marbles. It is given that the ratio of the probability that the event occurs to the probability that the event doesn’t occur represents the odds in favor for the event to occur and the reciprocal of the ratio represents the odds against for the event to occur.
(b)
To determine
To calculate: The total number of marbles in a bag, given that a bag contains six red marbles and the odds against a red marble are 4 to 1.
(c)
To determine
The formula for the probability of an event, in terms of the odds in favor of the event to occur.
(d)
To determine
The formula for the odds in favor of an event in terms of the probability of the event.
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