There are three events A, B, C one of which must and only one can happen, the odds are 8 to 3 against A, 5 to 2 against B, fins the odds against C.
As, out of 3 events A,B and C only one can happen at a time which means no event have anything common.
∴ We can say that A , B and C are mutually exclusive events.
By definition of mutually exclusive events we know that:
P(A ∪ B ∪ C) = P(A) + P(B) + P(C)
According to question one event must happen.
This implies A or B or C is a sure event.
∴ P(A ∪ B ∪ C) = 1 …Equation 1
We need to find odd against C
Given,
Odd against A = 8/3
⇒
⇒
⇒ 8 P(A) = 3 – 3 P(A)
⇒ 11 P(A) = 3
∴ P(A) = …Equation 2
Similarly, we are given with: Odd against B = 5/2
⇒
⇒
⇒ 5 P(B) = 2 – 2 P(B)
⇒ 7 P(B) = 2
∴ P(B) = …Equation 3
From equation 1,2 and 3 we get:
P(C) = 1 - =
∴ P(C’) = 1 – (34/77) = 43/77
∴ Odd against C =