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ss7ja [257]
3 years ago
11

Microeconomics

History
1 answer:
Goshia [24]3 years ago
7 0
Advances in technology increased taxes on business
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What is the probability (in any form) that Tommy won’t win?
vaieri [72.5K]

The probability that Tommy will not win is 0.73.

<h3>How is the probability calculated?</h3>

Chance is represented by probability. This branch of mathematics deals with the study of the occurrence of random events. The value is expressed as a number from 0 to 1.

Mathematicians have begun to use the concept of probability to predict the likelihood of certain events.

The probability of an event occurring is determined by probability: Odds and probability are related, but odds are related to probability. P(A) = f /N

P(A) is the probability that an event (event A) will take place.

f is the number of ways an event can happen (frequency), and N is the total number of possible outcomes.

We know that the probability of Tommy's win + Tommy will not win = 1

Given, the probability of Tommy will win = 0.27

So, the probability that Tommy will not win

= 1 - 0.27

= 0.73

Learn more about probability here:

brainly.com/question/24756209

#SPJ1

The complete question is:

"Tommy is thinking about entering a contest at the local gas station. Some of Tommy’s friends explained to him that the probability of winning the free tank of gas was 0.27. Tommy understands probabilities better when they are given in ratio form. (For example, 1 out of every 6 will win). What is the probability (in any form) that Tommy won’t win?"

8 0
1 year ago
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