If the probability of event B is given by , then find the odds in favor of and against B.
A)In favor 12:1; against 1:12
B)In favor 1:12; against 12:1
C)In favor 11:1; against 1:11
D)In favor 1:11; against 11:1

Question

If the probability of event B is given by  , then find the odds in favor of and against B.
A)In favor 12:1; against 1:12 
B)In favor 1:12; against 12:1 
C)In favor 11:1; against 1:11 
D)In favor 1:11; against 11:1

Quizplus · Accepted Answer

The Answer of If the probability of event B is given by  , then find the odds in favor of and against B.
A)In favor 12:1; against 1:12 
B)In favor 1:12; against 12:1 
C)In favor 11:1; against 1:11 
D)In favor 1:11; against 11:1

If the Probability of Event B Is Given by