The chances of winning are often written in terms of odds rather than probabilit

Question

The chances of winning are often written in terms of odds rather than probabilities. The odds of winning is the ratio of the number of successful outcomes to the number of unsuccessful outcomes. For example if the number of successful outcomes is 2 and the number of unsuccessful outcomes is 3, the odds of winning are 23. The probability of winning an instant prize game is 1/10 The odds of winning a different instant prize game are 1:10. If you want the best chance of winning. which game should you play? Explain your reasoning. Choose the correct answer below. A You should play the first game because the probability of winning a game with 1:10 odds of winning is 1/11, which is less than 1/10 B You should play the second game because the probability of winning a game with 1:10 odds of winning is 1/9 which is greater than 1/10 C You should play the second game because the probability of winning a game with 1:10 odds of winning is 1/11, which is less than 1/10 D. You should play the first game because the probability of winning a game with 1:10 odds of winning is 1/9 which is greater than 1/10

Explanation / Answer

Solution:

The correct answer is option A

You should play the first game beacuse the probability of winning a game with 1:10 odds of winning is 1/11 , which is less than 1/10.

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