There are three events A,B,C one which must and only one can happen; the odds are 8 to 3 against A, 5 to 2 against B. The odds against C is 43:17k. Find the value of k ?
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Solution
According to the question P(A′)P(A)=83⇒P(A)=311 and P(A′)=811 P(B′)P(B)=52⇒P(B)=27 and P(B′)=57 Now out of A,B and C, one and only one can happen. P(A)+P(B)+P(C)=1⇒P(C)=3477 So odd against C=P(C)P(C′)=4334 ∴k=2