Definition of Odds: The odds of an event occurring is the ratio of the number of ways the event can occur (successes) to the number of ways the event cannot occur (failures).
Odds = successes : failures
For example, out of 25 people, 10 are teens. The odds that a person is a teen would be 10 (successes) to 15 (failures) [Odds (teens)=10:15 or 2:5]
In your math notebook, complete the following questions for probability and odds.
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