For a certain casino slot machine, the odds in favor of a win are given as 73 to 27. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive. The probability is O (Round to two decimal places as needed.)

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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For a certain casino slot machine, the odds in favor of a win are given as 73 to 27. Express the indicated degree of likelihood as a probability value between 0 and 1
inclusive.
The probability is O (Round to two decimal places as needed.)
Transcribed Image Text:For a certain casino slot machine, the odds in favor of a win are given as 73 to 27. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive. The probability is O (Round to two decimal places as needed.)
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