$\mathrm{A}, \mathrm{B}, \mathrm{C}$ are three events, one of which must and only one can happen. The odds…

$\mathrm{A}, \mathrm{B}, \mathrm{C}$ are three events, one of which must and only one can happen. The odds in favor of $A$ are $4: 6$, the odds against B are $7: 3$. Thus, odds against $\mathrm{C}$ are
  1. $7:3$
  2. $4:6$
  3. $6:4$
  4. $3:7$

Solution

Odd in favor of $\mathrm{A}$ is $4: 6$. $\therefore \quad \mathrm{P}(\mathrm{A})=\frac{4}{10}$ Odd against $\mathrm{B}$ is $7: 3$ $\therefore \quad \mathrm{P}(\mathrm{B})=\frac{3}{10}$ Since only one of the events A, B and C can happen, we get $\begin{array}{ll} & \mathrm{P}(\mathrm{A})+\mathrm{P}(\mathrm{B})+\mathrm{P}(\mathrm{C})=1 \\ \therefore & \frac{4}{10}+\frac{3}{10}+\mathrm{P}(\mathrm{C})=1 \\ \therefore & \mathrm{P}(\mathrm{C})=\frac{3}{10} \\ \therefore \quad & \mathrm{P}\left(\mathrm{C}^{\prime}\right)=\frac{7}{10} \end{array}$ $\therefore \quad$ odds against the event $\mathrm{C}$ are $\mathrm{P}\left(\mathrm{C}^{\prime}\right): \mathrm{P}(\mathrm{C})$ $\begin{aligned} & =\frac{7}{10}: \frac{3}{10} \\ & =7: 3 \end{aligned}$

Asked in: MHT CET 2023 (09 May Shift 1)

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