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The probability of an event is 3/5, what are the odds that the event will occur?

Answer 1

Abigail Allen

#3/5=60%#

Ratio of success #p=3/5 = 60%#

Ratio of no success #q=2/5= 40%#

#p+q = 1 = 100%#

It will happen with a chance of 60 percent.

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Answer 2

Kennedy Adams

The odds in favor of an event occurring can be found by using the formula:

[ \text{Odds in favor} = \frac{\text{Probability of the event}}{\text{Probability of the event not occurring}} ]

Given that the probability of the event is ( \frac{3}{5} ), the probability of the event not occurring is ( 1 - \frac{3}{5} = \frac{2}{5} ).

So, the odds in favor of the event occurring are ( \frac{\frac{3}{5}}{\frac{2}{5}} = \frac{3}{2} ).

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Answer from HIX Tutor

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.