Question

The circle graphs show the percentage of men and women from Country X who consider owning a home an important part of adult life. Use the information to solve the problem.
a) What are the odds in favor of a man from Country X agreeing that owning a home is an important part of adult life?
b) What are the odds against of a man from Country X agreeing that owning a home is an important part of adult life?

Answer 1

Answer: a) 76 : 24

              b) 24 : 76

Step-by-step explanation: Odds describe the possibility an event will occur, i.e., is the ratio of an event being successful with the chance of an event failing. It can be in favor or against:

• Odds in favor is expressed as: $favor=\frac{favorable}{unfavorable}$;
• Odds against is expressed as: $against=\frac{unfavorable}{favorable}$;

a) Odds in favor

$favor=\frac{76/100}{24/100}$

$favor=\frac{76}{24}$

or

favor = 76 : 24

Odds in favor of a man agreeing owning a house is an important part of adult life is 76 : 24.

b) Odds against

$against=\frac{24/100}{76/100}$

$against=\frac{24}{76}$

or

against = 24 : 76

Odds against of a man agrreing that owning a house is an important part of adult life is 24 : 76