0.7 is the new probability of the event being sold out given that total number of events is 7 and 5 events are sold out. This can be obtained by using the formula for probability.
<h3>Find the new probability of the event being sold out:</h3>Probability is the chance of occurrence of an event.
⇒ The formula for finding probability,
Probability =
Here it is given in the question that,
- Total number of outcomes = Total number of events = 7
- Number of events sold out = 5
- Number of events not sold out = 2
Therefore by using the formula of probability we get,
⇒ Probability (Junior Athletics being sold out) =
Probability (Junior Athletics being sold out) =
Probability (Junior Athletics being sold out) = 5/7
⇒ Probability (Junior Athletics being sold out) = 0.7
Hence 0.7 is the new probability of the event being sold out given that total number of events is 7 and 5 events are sold out.
Learn more about probability here:
#SPJ1