The chances of winning are often witen in terms of odds rather than probabiltes

Question

The chances of winning are often witen in terms of odds rather than probabiltes The the number of successful outcomes is 2 and the number of unsuccessful outcomes is 3, the odds of winning are 2.3 The prize game are 1 10. If you want the best chance of winning, which game should you play? Explain your reasoning E Question Help odds of winning is the ratio of the number of successful outcomes to the number of unsaccessful outcomes. For exam probaciry of winning an instant prize game is 10 The oods of winning a dfferent in O A. You should play the first game because the probability of winning a game with 1 10 odds of winning is g which is greater than You should play the second game because the probability of winning a game with 1:10 oods of iainning IS TT. which is less than 0 .You should play the second game because the probablity of winning a game with 1 10 ods of winnng is wnich s greatean O B. DD You shouis lay he trs ame because the probaosty ung a game wim 110 0as ch s a 10

Explanation / Answer

Solution:-

=> option D. you should play the first game becauseee the probability of winning a game with 1:10 odds of winning is 1/11,which is less than 1/10.

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.