Answer :

a)

[tex]\frac{2}{7}[/tex]

b)

[tex]\frac{12}{11}[/tex]Explanation

The probability of an event occurring is intuitively understood to be the likelihood or chance of it occurring, the probability is givenby:

[tex]P(A)=\frac{favourable\text{ outcomes}}{total\text{ outcomes}}[/tex]

so

Step 1

we can find the odds in favor by using the expression:

[tex]Odds\text{ in favor=}\frac{P(A)}{1-P(A)}[/tex]

so

let

[tex]\begin{gathered} P(A)=unknown \\ odds\text{ in favor=}\frac{2}{5} \end{gathered}[/tex]

now, replace and solve for P(A)

[tex]\begin{gathered} Odds\text{ in favor=}\frac{P(A)}{1-P(A)} \\ \frac{2}{5}=\frac{P(A)}{1-P(A)} \\ cross\text{ multiply } \\ 2(1-P(A))=5*P(A) \\ 2-2P(A)=5P(A) \\ add\text{ 2P\lparen A\rparen in both sides} \\ 2-2P(A)+2P(A)=5P(A)+2P(A) \\ 2=7P(A) \\ divide\text{ both sides by 7} \\ \frac{2}{7}=\frac{7P(A)}{7} \\ \frac{2}{7}=P(A) \end{gathered}[/tex]

therefore, the probabilyt of winning a new TV is

[tex]\frac{2}{7}[/tex]

Step 2

now, to find the odds against we need to use the formula:

[tex]odds\text{ agains=}\frac{1-P(A)}{P(A)}[/tex]

so

let

[tex]P(B)=\frac{11}{23}[/tex]

now, replace in the formula and calculate

[tex]\begin{gathered} odds\text{ against=}\frac{1-P(A)}{P(A)} \\ odds\text{ against=}\frac{1-\frac{11}{23}}{\frac{11}{23}} \\ odds\text{ against=}\frac{\frac{12}{23}}{\frac{11}{23}}=\frac{12*23}{11*23}=\frac{12}{11} \\ odds\text{ against=}\frac{12}{11} \end{gathered}[/tex]

therefore, the odds against are

[tex]\frac{12}{11}[/tex]

I hope this helps you