Describe how to calculate the odds against an event

Reference no: EM13119327

Probability Review

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If the odds against the Blue Jays winning this year's World Series are 20:1, what is the probability that the Blue Jays will win this series?

Describe how to calculate the odds against an event happening when you know the probability of the event occuring. Use a numerical example to illustrate your explanation.

Reference no: EM13119327

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