The probability of winning free passes to a concert is 120. What are the odds in favor and the odds against it?
A
1:19 and 19:1
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B
19:1 and 1:19
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C
1:20 and 20:1
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D
20:1 and 1:20
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Solution
The correct option is A1:19 and 19:1 Given, P(winning)=120
That means 1 out of the 20 player will win the concert. So number of losers is 19 ∴ Number of favorable outcome =1 and Number of unfavorable outcome =19
Odds in favor of winning a free pass =Number of favorable outcomeNumber of unfavorable outcome=1:19
Odds against winning a free pass=Number of unfavorable outcomeNumber of favorable outcome=19:1