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Question

The odds against a certain event is 5:2 and the odds in favor of another event is 6:5. If both the events are independent, then find the probability that at least one of the events will happen.

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Solution

Let probability of the first event taking place be A and probability of the second event taking place be B.

Then,

P(A)=25+2=2/7P(B)=66+5=6/11

The required event can be defined as that A takes place and B does not take place (A or B takes place and A does not take place or A takes place and B takes place.)

=[P(A){1P(B)}]+[P(B){1P(A)}]+[P(A)P(B)]

=[27×511]+[611×37]+[27×611]

=10+18+1277

=4077


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