Statisticsmedium · Past Paper

The odds in favor of an event are 3:2. What is the probability of the event?

A3/2
B2/3
C3/5
D2/5

✓ Correct Answer: C3/5

If odds are a:b, P = a / (a + b). Here, 3 / (3 + 2) = 3/5.

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