Answer:
[tex]Probability = 0.467[/tex]
Step-by-step explanation:
Given
[tex]Odds = 7 : 8[/tex]
Required
Determine the probability of A winning
From the giving parameters,
7 represents A winning while 8 represents B winning.
The probability is calculated as thus:
[tex]Probability = \frac{A}{A + B}[/tex]
[tex]Probability = \frac{7}{7 + 8}[/tex]
[tex]Probability = \frac{7}{15}[/tex]
[tex]Probability = 0.467[/tex]
Hence, the probability if A winning is
[tex]Probability = 0.467[/tex]