The probability that the horse will win the race if the odds in favor of a horse winning a race are 8:5 is 38.4%.
What is Probability ?
Probability states that it is the likelihood of something happening in the future and Its value lie between 0 and 1.
According to the given question.
The odds against buttermilk winning the triple race crown in horse racing are 82:3.
Out of 85 chances the horse win the race 3 times and not win the 82 times.
So, total number of favorable outcomes = 3
And, total number of outcomes = 82 + 3 = 85
Therefore,
The probability that horse will win the race
= Number of times won / (Number of times lost + Number of times won)
= total number of favorable outcomes/total number of outcomes
= 3/ (82 + 3)
= 3/85
= 3.4%
Hence, the probability that the horse will win the race is 3.4%.
Find out more information about odds and probability here:
brainly.com/question/13071284
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