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For a certain casino slot machine, the odds in favor of a win are given as 17 to 83. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive.…

For a certain casino slot machine, the odds in favor of a win are given as 17 to 83. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive.…
asked 63.9k views
3 votes
For a certain casino slot machine, the odds in favor of a win are given as 17 to 83. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive.

asked
User Kuba Wyrobek
by
9.0k points

1 Answer

3 votes

Explanation:

83P (E)=17-17P (E),

P (E)=17/100=0.17

answered
User Stanislaw Baranski
by
8.6k points
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