jrodgers
Apr 2, 2008, 07:47 AM
Hello,
I have a question that I am having difficulty understanding.
The question is If given the probability of being hired is .20, calculate the odds that you will be hired?
My thought at first was to calculate the odds by using the probability of .20 and the complement .80 (chance of not being hired) this would give me .20/.80 = .25 so would that mean I would have a 1 and 4 chance of being hired?
I have a question that I am having difficulty understanding.
The question is If given the probability of being hired is .20, calculate the odds that you will be hired?
My thought at first was to calculate the odds by using the probability of .20 and the complement .80 (chance of not being hired) this would give me .20/.80 = .25 so would that mean I would have a 1 and 4 chance of being hired?