find the odds of an event if the probability of the event is given to be 1/13
The odds in favor of an event or a proposition is defined by the ratio of the probability that the event will happen to the probability that it will not happen. mathematically, if p is the probability, odds = \(\dfrac{p}{1-p}\)
here p=1/13, just plug it in!
So the odds would be \[\frac{ 1 }{ 2 }\]
you mean 1/12 ?
if you meant 1/12 then you are correct.
I guess because that is one of the answers, but I got 1/2
I'm not getting 1/12
my options are 1:12, 1/13, 12/13, and 12:1
ok, \(\huge \dfrac{\dfrac{1}{13}}{1-\dfrac{1}{13}}=\dfrac{1}{13-13\dfrac{1}{13}}=...?\)
\(\huge \dfrac{\dfrac{1}{13}}{1-\dfrac{1}{13}}=\dfrac{1}{13-13\dfrac{1}{13}}=\dfrac{1}{13-1}\) so, 1/12 = 1:12 got it ?
I think so. Thank you. :)
welcome ^_^
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