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If the probability of the occurrence of a certain event E is 3/11, find (i) the odds in favour of its occurrence, and (ii) the odds against its occurr
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Nov 15, 2021
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JackTerrance
If the probability of the occurrence of a certain event E is 3/11, find (i) the odds in favour of its occurrence, and (ii) the odds against its occurrence. Select the correct answer from above options
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Nov 15, 2021
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JackTerrance
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Let there be m outcomes favourable to E and n outcomes unfavourable to E. Then, P(E)= m m+n ⇒ m m+n = 3 11 [∵P(E)= 3 11 (given)] ⇒m=3andn=8. (i) odds in favour of E= m n = 3 8 . (ii) odds against E= n m = 8 3 .
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