If the Probability That an Event Will Occur Is

question 133

Multiple Choice

If the probability that an event will occur is , what are the odds in favor of the event occurring? ​

• A)9 : 2
• B)2 : 9
• C)11 : 2
• D)2 : 11
• E)9 : 11

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Definitions:

Motor Vehicle Licence

A document granting the legal permission to drive a motor vehicle on public roads.

Operating Lease

A leasing agreement allowing a lessee to use an asset, but the lease does not transfer ownership of the asset to the lessee.

Risk Of Obsolescence

The risk that a product or service will become outdated or no longer useful due to advancements in technology or changes in market preferences.

Income Tax

A tax imposed by the government on the income generated by individuals or entities, which varies according to the amount of income.