Question

At a charity fundraiser, some guests will be randomly selected to receive a gift. The probability of receiving a gift is 5 over 18. Find the odds in favor of receiving a gift.

Answer 1

Answer:

Odds in favor of receiving a gift = 5/13

Explanation:

The probability of receiving a gift, P(R) = 5/18

Probability of not receiving a gift, P(nR) = 1 - 5/18 = 13/18

The odds in favor of receiving a gift is calculated below:

$Odds(R)=\frac{P(R)}{P(nR)}$

Therefore:

$\begin{gathered} Odds(R)=\frac{5}{18}\div\frac{13}{18} \\ \\ Odds(R)=\frac{5}{18}\times\frac{18}{13} \\ \\ Odds(R)=\frac{5}{13} \end{gathered}$

Odds in favor of receiving a gift = 5/13