How do you find the odds of an event occurring given its probability 5/8?
1 Answer
Oct 17, 2017
Explanation:
Odds is the ratio of favourable outcomes to non-favourable outcomes:
If P is the probability of an event occurring, then:
The odds will then be:
To make this clearer:
The probability of throwing a 6 with a standard die is
The odds of throwing a 6 are