Asked by Brianna
The odds against Rainbow winning the race are 17:5. Brian bets $120 on Rainbow to win and Rainbow does win the race.
How much money does Brian win? What was the probability that Rainbow was going to win the race?
How much money does Brian win? What was the probability that Rainbow was going to win the race?
Answers
Answered by
Ms. Sue
Lay/Aniya/Brianna -- please use the same name for your posts.
Answered by
bobpursley
pr(win)=17/22
How much does he win?
win=120/(17/22)=120*22/17
(minus fees and track takings)
How much does he win?
win=120/(17/22)=120*22/17
(minus fees and track takings)
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