the odds in favor of an event are 10:1
find the probability that the event will occur.
if the odds in favour of some event are a:b
then the probability of that event = a/(a+b)
so in this case
prob is 10:11
10:1
To find the probability that an event will occur given the odds in favor, you can use the following formula:
Probability = favorable outcomes / total outcomes
In this case, the odds in favor of the event are given as 10:1. This means that for every 10 favorable outcomes, there is 1 unfavorable outcome.
So, the probability of the event occurring is:
Probability = 10 / (10 + 1) = 10 / 11 ≈ 0.909
Therefore, the probability that the event will occur is approximately 0.909.
To find the probability that the event will occur given the odds in favor, we can use the formula:
Probability = (Odds in Favor) / ((Odds in Favor) + (Odds against))
In this case, the odds in favor are given as 10:1. It means for every 10 favorable outcomes, there is 1 unfavorable outcome.
To calculate the probability, we can assign numerical values to the odds. Let's say there are 10 favorable outcomes and 1 unfavorable outcome. So the total number of possible outcomes is 10 + 1 = 11.
Now we can use the formula to calculate the probability:
Probability = (10) / (10 + 1) = 10/11
Therefore, the probability that the event will occur is 10/11.