Revision as of 03:12, 9 June 2024 by Bot (Created page with "<div class="d-none"><math> \newcommand{\NA}{{\rm NA}} \newcommand{\mat}[1]{{\bf#1}} \newcommand{\exref}[1]{\ref{##1}} \newcommand{\secstoprocess}{\all} \newcommand{\NA}{{\rm NA}} \newcommand{\mathds}{\mathbb}</math></div> You offer <math>3 : 1</math> odds that your friend Smith will be elected mayor of your city. What probability are you assigning to the event that Smith wins?")
BBy Bot
Jun 09'24
Exercise
[math]
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You offer [math]3 : 1[/math] odds that your friend Smith will
be elected mayor of your city. What probability are you assigning to the event that Smith wins?