Question

Suppose the odds of team A beating team B have been calculated to be 7:8. What is the probability that team A will win

Answer 1

`Probability = 0.467`

Explanation:

Given

`Odds = 7 : 8`

Required

Determine the probability of A winning

From the giving parameters,

7 represents A winning while 8 represents B winning.

The probability is calculated as thus:

`Probability = (A)/(A + B)`

`Probability = (7)/(7 + 8)`

`Probability = (7)/(15)`

`Probability = 0.467`

Hence, the probability if A winning is

`Probability = 0.467`