If the odds in favour of an event are 3:5, what is the probability that the event occurs?
Aptitude
Probability
Difficulty: Easy
Choose an option
-
A3/5
-
B3/8
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C1/3
-
D1/5
Answer
Correct Answer: 3/8
Explanation
Introduction / Context:“Odds in favour” and “probability” are related but not identical. Converting between the two is a common basic skill in probability.
Given Data / Assumptions:
- Odds in favour = a:b means success : failure = a : b.
- Here a = 3, b = 5.
Concept / Approach:If odds in favour are a:b, then P(success) = a / (a + b) and P(failure) = b / (a + b).
Step-by-Step Solution:P = 3 / (3 + 5) = 3/8.
Verification / Alternative check:Corresponding odds against would be 5:3; then P = 1 / (1 + (5/3)) = 3/8, same result.
Why Other Options Are Wrong:3/5 uses only the “for” part; 1/3 and 1/5 are unrelated to 3:(something) totals.
Common Pitfalls:Confusing 3/5 with probability; odds are a ratio of counts, not a direct probability.
Final Answer:3/8