If p: q is the odds in favor of an event, then the probability of that event is -

CA Foundation · Quantitative Aptitude · MTP · June 2024
If p: q is the odds in favor of an event, then the probability of that event is -
(A) A. p/q
(B) B. q / p+q
(C) C. p / p+q
(D) D. none of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. p / p+q

Topics: Part-C: Statistics

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