5:2 as a ratio is 5/2
to convert odds ratio x/y to probability x/(x + y),
here x is 5 and y is 2, so probability is 5/(5+2) = 5/7.
Mel J.
asked 05/21/21the odds in favor of winning a lottery ticket is 5:2. Find the probability of the occurrence of the event.
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5:2 as a ratio is 5/2
to convert odds ratio x/y to probability x/(x + y),
here x is 5 and y is 2, so probability is 5/(5+2) = 5/7.
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