At a certain charity fundraiser, some guests will be randomly selected to receive a gift. The probability of receiving a gift is 3/25. Find the odds in favor of receiving a gift. I got 3/28. A child has a box of candies which might have a toy inside. The odds against the box having a toy are 7/2. What is the probability of the box having a toy? I got 7/9. Are my answers correct?

a) Your answer for part a (I got 3/28) is wrong.

Odds are always expressed as ratios after calculating. Therefore, the odds in favour of receiving a gift = 3:22

b) Your answer in part b(I got 7/9) is correct.

The probability of the box having a toy is 7/9.

Step-by-step explanation:

The question above has to do with odds and probability.

It is important to note that odds are expressed in the form of ratios while probabilities are expressed as fractions.

a) At a certain charity fundraiser, some guests will be randomly selected to receive a gift. The probability of receiving a gift is 3/25. Find the odds in favor of receiving a gift.(I got 3/28)

The formula for calculating odds from probability is Odds = Probability / (1 - Probability).

Probability = 3/25

Odds =(3/25)/(1 - 3/25)

= (3/25)/22/25

= 3/25 ÷ 22/25

= 3/25 × 25/22

= 3/22

Note that odds are always expressed as ratios.

Therefore, the odds in favour of receiving a gift = 3:22

Your answer for part a (I got 3/28) is wrong.

The correct answer is 3:22

b) A child has a box of candies which might have a toy inside. The odds against the box having a toy are 7/2. What is the probability of the box having a toy? I got 7/9.

The formula for calculating probability from odds is P = Odds / (Odds + 1).

Odds = 7/2 or 7:2

We convert the odds to fraction when calculating

Probability = Odds / (Odds + 1).

Probability = (7/2)/ (7/2 + 1)

Probability = (7/2)/9/2

Probability = 7/2 ÷ 9/2

= 7/2 × 2/9

= 7/9

Probability is always expressed as a fraction.

Therefore, the probability of the box having a toy is 7/9.

Your answer in part b(I got 7/9) is correct.

step-by-step explanation:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

step-by-step explanation:

given that megan owns a clothing boutique.

the profits of 2010, 11, are recorded and shown as follows:

years since     2010 0     1     2     3       4       5

profits made in 1000's   39       84     111     120   111     84

we find that profit gradually increases form 2010 to 2013 upto 120,   then starts decreasing.

the profits for 2012 and 2014 are the same while that of 2011 and 2015 are also the same.

this shows that there is symmetry about the line profit = 120000

hence answer is:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

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