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: C — 3/5
If odds are a:b, P = a / (a + b). Here, 3 / (3 + 2) = 3/5.
Share this question
More from Statistics
- A and B are two mutually exclusive events. P(A)=0.4 and P(B)=0.3. Find P(neither A nor B).
- The probability of winning a game is 0.995. What is the probability of losing?
- What is the probability of selecting a month that starts with 'J'?
- If data is 1, 1, 1, 1, 1, what is the mean?
- Which of the following is true for the data: 2, 2, 4, 4, 4, 5, 5?