QUESTION IMAGE
Question
if the odds against event e are 17 to 3, what is the probability of e?
the probability of event e is
(simplify your answer.)
Step1: Recall odds vs probability
Odds against \( E \): \( \frac{\text{unfavorable}}{\text{favorable}}=\frac{17}{3} \). Total outcomes: \( 17 + 3 = 20 \).
Step2: Calculate probability of \( E \)
Probability \( P(E)=\frac{\text{favorable}}{\text{total}}=\frac{3}{20} \).
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\(\frac{3}{20}\)