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Earn +20 ptsQ: How are odds related to probability?
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If the odds against an event are 9.8 find the probability that the event will occur?
Odds against A = Probabillity against A / Probability for A Odds against A = (1 - Probabillity for A) / Probability for A 9.8 = (1 - Probabillity for A) / Probability for A 9.8 * Probability for A = 1 - Probability for A 10.8 * Probability for A = 1 Probability for A = 1 / 10.8 Probability for A = 0.0926
What is probability if odds are 5 to 3?
For 5 to 3 odds of winning; the probability of winning is 0.375 or 37.5%
How do you convert probabilities to odds?
Just take the probability, which is a decimal number between 0 and 1, and convert it into a fraction. For instance, a probability of 0.75 corresponds to odds of 3 in 4.
What are odds of probability of 9 over 11?
For 9 to 11 odds of winning;Probability of winning:0.55, or;Chance of winning:55%
What is the probability of an event occurring to the probability of an event not occurring?
Answerodds the odds in favour are p/(1-p)the odds against are (1-p)/p
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