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use the given odds to determine the probability of the underlined event…

Question

use the given odds to determine the probability of the underlined event. odds against getting injured by falling down stairs: 2,360 to 1 the probability of getting injured by falling down stairs is \boxed{}. (type an integer or a simplified fraction.)

Explanation:

Step1: Recall the formula for probability from odds against

If the odds against an event \(E\) are \(a\) to \(b\), then the probability of the event \(E\), \(P(E)=\frac{b}{a + b}\). Here, \(a = 2360\) (odds against) and \(b = 1\) (odds in favor).

Step2: Substitute the values into the formula

Substitute \(a = 2360\) and \(b = 1\) into \(P(E)=\frac{b}{a + b}\). We get \(P(E)=\frac{1}{2360+1}\).

Step3: Simplify the fraction

\(2360 + 1=2361\), so \(P(E)=\frac{1}{2361}\).

Answer:

\(\frac{1}{2361}\)