Question

The odds in favor of a horse winning a race are 8:5. Find the probability that the horse will win the race.A. 5/8B. 4/7C. 5/13D. 8/13

Answer 1

In order to convert from odd to probability, we can use the formula below:

`odd=(a)/(b)\rightarrow p=(a)/(a+b)`

So, if the odd of the horse winning is 8:5, the probability is:

`p=(8)/(8+5)=(8)/(13)`

Therefore the correct option is D.