For a certain instant lottery game, the odds in favor of a win are given as 71 to 29. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive

Question

Mathematics

Jamie Boone

3 March, 16:56

For a certain instant lottery game, the odds in favor of a win are given as 71 to 29. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive

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Answers (1)

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Giana Crosby · Answer 1

0.4085

Step-by-step explanation:

Probability is the extent to which an event is likely to happen. It can be written as a ratio of the case in favor to the whole number of the cases possible. Probability of an event is between 0 and 1. 0 represent 0% chance and 1 represent 100% chance.

Given in question that the odds in favor of win are 71 to 29 this can be written as;

=29/71

=0.4085