Find the probability of the event with odds against it 1,000 to 1.
A) $P ( E ) = \frac { 999 } { 1,000 }$
B) $P ( E ) = \frac { 1 } { 1,000 }$
C) $P ( E ) = \frac { 999 } { 1,001 }$
D) $P( E ) = \frac { 1,000 } { 1,001 }$
E) $P ( E ) = \frac { 1 } { 1,001 }$

Question

Quizplus · Accepted Answer

Odds against an event are given as the ratio of the number of unsuccessful outcomes to successful outcomes. If the odds against are 1,000 to 1, then the probability of the event is the number of successful outcomes divided by the total number of outcomes, which is $ \frac{1}{1,001} $.

Find the Probability of the Event with Odds Against It P(E)=9991,000P ( E ) = \frac { 999 } { 1,000 }P(E)=1,000999​

Find the Probability of the Event with Odds Against It $P ( E ) = \frac { 999 } { 1,000 }$