Questions: Pablo is watching his favorite soccer team playing a match. The odds against his favorite team winning are 17/5. What is the probability of his favorite team winning?
Transcript text: Pablo is watching his favorite soccer team playing a match. The odds against his favorite team winning are $\frac{17}{5}$. What is the probability of his favorite team winning? $\square$
Solution
Solution Steps
To find the probability of Pablo's favorite team winning, we need to convert the given odds against winning into a probability. The odds against winning are given as a ratio of unfavorable outcomes to favorable outcomes. The probability of winning is the ratio of favorable outcomes to the total number of outcomes (favorable plus unfavorable).
Step 1: Understanding the Odds Against Winning
The odds against winning are given as \(\frac{17}{5}\). This means for every 17 unfavorable outcomes, there are 5 favorable outcomes.
Step 2: Calculating the Probability of Winning
The probability of winning is calculated using the formula:
\[
P(\text{winning}) = \frac{1}{1 + \text{odds against winning}}
\]
Substituting the given odds:
\[
P(\text{winning}) = \frac{1}{1 + \frac{17}{5}} = \frac{1}{1 + 3.4} = \frac{1}{4.4}
\]
Step 3: Simplifying the Probability
Simplifying the expression:
\[
P(\text{winning}) = \frac{1}{4.4} \approx 0.2273
\]