Question
Suppose the probability of an event is
.
What are the odds for the event happening?
What are the odds against the event happening?
What are the odds for the event happening?
What are the odds against the event happening?
Ask by Curry Todd. in the United States
Mar 29,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The odds for the event happening are 26:19, and the odds against the event happening are 19:26.
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Mind Expander
To find the odds for the event happening, we take the probability of the event occurring and compare it to the probability of it not occurring. The odds for the event can be calculated as follows: If the probability of the event is
, then the probability of it not occurring is
. Therefore, the odds for the event happening are
.
On the flip side, the odds against the event happening are simply the reverse of the odds for. So, to find the odds against, we take the probability of the event not happening versus the probability of it happening. Hence, the odds against the event happening are
. Bet on your knowledge of odds—it’s a game changer!