The chances of winning are often written in terms of odds rather than probabilities. The odds of winning is the ratio of the num

Question

3 years ago

7

The chances of winning are often written in terms of odds rather than probabilities. The odds of winning is the ratio of the num

ber of successful outcomes to the number of unsuccessful outcomes. For example, if the number of successful outcomes is 2 and the number of unsuccessful outcomes is 3, the odds of winning are 2:3. The probability of winning an instant prize game is one tenth . The odds of winning a different instant prize game are 1:10. If you want the best chance of winning, which game should you play? Explain your reasoning.

Mathematics

1 answer:

Free_Kalibri [48] · Answer 1 · 2022-04-02T12:41:08+03:00

Answer:

you should play the game with the probability of winning is one tenth

Step-by-step explanation:

If the probability of winning an instant prize game is one tenth, <u>then the odds in the game can be described as 1:9</u> . The odds are clearly better than the game with odds 1:10.

In other words,

If the odds of winning a instant prize game are 1:10, <u>then the probability of winning the game is one eleventh</u>. This is a lower probability than the game which has the probability of winning one tenth.