Chapter 26: Problem 2
The odds in favour of an event \(A\) are 6 to 4 . The probability of success of \(A\) is (a) \(4 / 5\) (b) \(5 / 9\) (c) \(4 / 9 .\)
Short Answer
Expert verified
None of the options match the calculated probability \(\frac{3}{5}\).
Step by step solution
01
Understand Odds
The problem states that the odds in favor of event \(A\) are 6 to 4. This means for every 6 successful outcomes, there are 4 failures. Here, successful outcomes are those where event \(A\) happens and failures are when it doesn't.
02
Express Odds in Terms of Probability
In terms of probability, odds are expressed as the ratio of success to total outcomes. Since there are 6 successful outcomes and 4 failures, the total number of outcomes is \(6 + 4 = 10\). Thus, the probability \(P(A)\) is the number of successful outcomes divided by the total number of outcomes.
03
Calculate Probability
Using the formula for probability, \(P(A) = \frac{\text{number of successful outcomes}}{\text{total number of outcomes}} = \frac{6}{10}\). Simplifying this fraction gives \(P(A) = \frac{3}{5}\).
04
Select the Correct Answer
Compare \(\frac{3}{5}\) with the given options: (a) \(\frac{4}{5}\), (b) \(\frac{5}{9}\), and (c) \(\frac{4}{9}\). None of the options match \(\frac{3}{5}\). Therefore, it seems there was a mistake, so revisit the calculation or clarify with the teacher.
Unlock Step-by-Step Solutions & Ace Your Exams!
-
Full Textbook Solutions
Get detailed explanations and key concepts
-
Unlimited Al creation
Al flashcards, explanations, exams and more...
-
Ads-free access
To over 500 millions flashcards
-
Money-back guarantee
We refund you if you fail your exam.
Over 30 million students worldwide already upgrade their learning with Vaia!
Key Concepts
These are the key concepts you need to understand to accurately answer the question.
Odds Ratio
Odds ratio might sound complicated at first, but it’s really just a way of comparing successful outcomes to failure outcomes. In this exercise, the odds in favor of an event happening were given as 6 to 4. This means for every 6 times the event occurs successfully, it fails 4 times.
- Odds Ratio Definition: It is the ratio of the probability that an event will occur to the probability that it will not occur.
- Calculation: In a situation where the odds are 6 to 4, the odds ratio is 6/4.
Successful Outcomes
Successful outcomes are the events you expect to occur. In probability, these are the outcomes that count towards the event happening. With odds of 6 to 4, we know that there are 6 successful outcomes.
If we visualize it:
- Given: 6 successful outcomes.
- Role: For probability calculations, this number goes in the numerator of any probability fraction.
Failure Outcomes
Failure outcomes are those that don't result in the event occurring. When odds are given, these are the counterpart to successful outcomes. Here, for every 6 successful outcomes, there are 4 failure outcomes, indicating the event didn't occur.
- Given: 4 failure outcomes.
- Use: These failures are crucial as converting odds to probability requires both successful and failure outcomes.
Probability Calculation
Probability calculation is the main goal when determining odds for certain events. Once you have the number of successful and failure outcomes from your odds ratio, calculating the probability is straightforward.
Start by finding the total number of outcomes, which is the sum of both successful and failure outcomes: \[\text{Total Outcomes} = 6 + 4 = 10\]Next step is to calculate the probability of success using this formula:\[P(A) = \frac{\text{number of successful outcomes}}{\text{total number of outcomes}}\]Plug in the numbers:\[P(A) = \frac{6}{10} = \frac{3}{5}\]Despite the correct calculation of \( \frac{3}{5} \), none of the given options match. This indicates a potential error in the options list, not the calculation itself. Probability gives us a clearer picture of how likely an event will occur.
Start by finding the total number of outcomes, which is the sum of both successful and failure outcomes: \[\text{Total Outcomes} = 6 + 4 = 10\]Next step is to calculate the probability of success using this formula:\[P(A) = \frac{\text{number of successful outcomes}}{\text{total number of outcomes}}\]Plug in the numbers:\[P(A) = \frac{6}{10} = \frac{3}{5}\]Despite the correct calculation of \( \frac{3}{5} \), none of the given options match. This indicates a potential error in the options list, not the calculation itself. Probability gives us a clearer picture of how likely an event will occur.