If the odds against the occurrence of an event be 4 : 7, find the probability of the occurrence of the event.
We know that,
If odds in favor of the occurrence an event are a:b, then the probability of an event to occur is
, similarly, if odds are not in the favor of the occurrence an event are a:b, then the probability of not occurrence of the event
is ![]()
We also know that,
Probability of occurring = 1 - the probability of not occurring
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Given a = 4 and b = 7
Probability of occurrence ![]()
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Conclusion: Probability that the event occurs is ![]()