Odds of (7/10)
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7 in favor
10 total, so 3 against
so, the odds in favor are 7:3
To calculate the odds of an event, you need two pieces of information: the probability of the event occurring and the probability of the event not occurring.
In this case, the probability of the event occurring is 7/10. To determine the probability of the event not occurring, subtract the probability of the event occurring from 1.
1 - 7/10 = 3/10
Therefore, the odds of (7/10) are 7:3. This can be read as "7 to 3" or "7 in 10." It means that for every 7 times the event occurs, it does not occur 3 times.