A beverage company puts game pieces under the caps of its drinks and claims that one in
Question:
A beverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. The official rules of the contest state that the odds of winning a prize are 1 : 6. Is the claim “one in six game pieces wins a prize” correct? Explain your reasoning.
The chances of winning are often written in terms of odds rather than probabilities. The odds of winning is the ratio of the number of successful outcomes to the number of unsuccessful outcomes. The odds of losing is the ratio of the number of unsuccessful outcomes to the number of successful outcomes. For example, when the number of successful outcomes is 2 and the number of unsuccessful outcomes is 3, the odds of winning are 2 : 3 (read “2 to 3”).
Use this information about odds.
Step by Step Answer:
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber