The odds in favour of an event are \( 3: 5 \). Find the probability of occurrence of the event.
... VIDEO
The odds in favour of an event are \( 3: 5 \). Find the probability of occurrence of the event.
a. \( \frac{5}{8} \)
b. \( \frac{3}{8} \)
c. \( \frac{2}{8} \)
d. 1
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