CA Foundation Exam > CA Foundation Questions > If p : q are the odds in favour of an event, ...
Start Learning for Free
If p : q are the odds in favour of an event, then the probability of that event is
- a)p/q
- b)p/p+q
- c)q/p+q
- d)none of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
If p : q are the odds in favour of an event, then the probability of t...
Explanation:
Total number of cases=p+q
Favourable cases=p
Probability of that event is=p/(p+q)
Free Test
| FREE | Start Free Test |
Community Answer
If p : q are the odds in favour of an event, then the probability of t...
Given information:
- p:q are the odds in favour of an event
To find:
- Probability of that event
Solution:
Let's first understand what do "odds in favour of an event" mean.
Odds in favour of an event = Number of favorable outcomes / Number of unfavorable outcomes
Let's say the number of favorable outcomes is p and the number of unfavorable outcomes is q. Then, the odds in favour of the event are p:q.
Now, let's find the probability of the event.
Probability of an event = Number of favorable outcomes / Total number of outcomes
Total number of outcomes = Number of favorable outcomes + Number of unfavorable outcomes = p + q
Therefore, probability of the event = p / (p + q)
Substituting the value of p:q in terms of p, we get:
p:q = p/q : 1
p/q + 1 = p/(p+q)
p/(p+q) = p/q
Therefore, the probability of the event is p/p+q.
Hence, the correct answer is option B.
- p:q are the odds in favour of an event
To find:
- Probability of that event
Solution:
Let's first understand what do "odds in favour of an event" mean.
Odds in favour of an event = Number of favorable outcomes / Number of unfavorable outcomes
Let's say the number of favorable outcomes is p and the number of unfavorable outcomes is q. Then, the odds in favour of the event are p:q.
Now, let's find the probability of the event.
Probability of an event = Number of favorable outcomes / Total number of outcomes
Total number of outcomes = Number of favorable outcomes + Number of unfavorable outcomes = p + q
Therefore, probability of the event = p / (p + q)
Substituting the value of p:q in terms of p, we get:
p:q = p/q : 1
p/q + 1 = p/(p+q)
p/(p+q) = p/q
Therefore, the probability of the event is p/p+q.
Hence, the correct answer is option B.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer?.
If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer?.
Solutions for If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice If p : q are the odds in favour of an event, then the probability of that event isa)p/qb)p/p+qc)q/p+qd)none of theseCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup