Convert the odds that the given event will occur to the probability that the event will occur.
-The odds in favor of becoming the President are 1 to $5,300,000$.
A) $\frac{1}{5,300,000}$
B) $\frac{1}{5,299,999}$
C) $\frac{5,299,999}{5,300,000}$
D) $\frac{1}{5,300,001}$

Question

Quizplus · Accepted Answer

The probability is calculated as the number of favorable outcomes divided by the total number of possible outcomes, which is $ \frac{1}{1+5,300,000} = \frac{1}{5,300,001} $.

Convert the Odds That the Given Event Will Occur to the Probability