Odds are used in gambling games to make them fair. For example, if you rolled a die
Question:
fair game. In most gambling games, the odds given are not fair. For example, if the odds of winning are really 20 to 1, the house might offer 15 to 1 in order to make a profit. Odds can be expressed as a fraction or as a ratio, such as , 5:1, or 5 to 1. Odds are computed in favor of the event or against the event. The formulas for odds are
In the die example,
Odds in favor of a 6 = 1 / 6 / 5 / 6 = 1 / 5 or 1:5
Odds against a 6 = 5 /6 / 1 / 6 = 5 / 1 or 1:5
Find the odds in favor of and against each event.
a. Rolling a die and getting a 2
b. Rolling a die and getting an even number
c. Drawing a card from a deck and getting a spade
d. Drawing a card and getting a red card
e. Drawing a card and getting a queen
f. Tossing two coins and getting two tails
g. Tossing two coins and getting one tail
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: