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the probability that a bachelor's degree recipient in 2014 majored in chemistry is 17/20. Find the odds of the events occurring

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The odds of the event occurring as obtained from the probability value given is 5.667

Given that :

  • Probability, P = 17/20 = 0.85

Converting odds to probability :

Odds = Probability / (1 - probability)

1 - probability = 1 - 0.85 = 0.15

Odds = 0.85 / 0.15

Odds = 5.667

Hence, the odds of the event occurring is 5.667.

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