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If a person says that the odds are 3 to 2 in favour of their team winning then Options: 1) The team is more likely to win than to lose 2) The probability that the team will win is 3/5 3) If he bets Rs. 100/- , his expectation of winning is Rs. 60/-. 4) The team has won 3 out of 5 matches in the past and lost only 2
Asked by farhakhatoon64 | 11 Jan, 2022, 18:54: PM
answered-by-expert Expert Answer
Odds are 3 to 2 in favour of the team winning means probability of winning is 3/5
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