The probability of an event is 0.73. What are the odds in favor of the event?

Question

The answers are:

A. 73 to 27

B. 27 to73

C. 73 to 100

D. 27 to 100

Answer 1

.73 or 73% probability is desired/total.

Odds are desired:not desired. To convert probability, subtract the numerator from the denominator to find the "not desired" part for the odds.

If it's 73% likely to happen, then it's 100-73 = 27% likely to not happen.

Odds in favor: 73:27

A

If you needed odds against, it would be the reverse: 27:73.

Answer 2

A 73 to 27

.73 = 73/100 = 73/(73+27)

73 out of a 100 times you get the event

27 out of 100 times you do not get the even

ratio = 73:27 of the event to the non-event