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    Essentials of Statistics Study Set 1
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    Exam 4: Probability
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    Suppose You Are Playing a Game of Chance
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Suppose You Are Playing a Game of Chance

Question 55

Question 55

Multiple Choice

Suppose you are playing a game of chance. If you bet $4 on a certain event, you will collect $184 (including your $4 bet) if you win. Find the odds used for determining the payoff.


A) 1 : 45
B) 184 : 188
C) 45 : 1
D) 46 : 1

Correct Answer:

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