The odds that tax revenue in a certain country comes from property taxes are 40:60. Find the probability that tax revenue comes from property taxes.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.9: Independent And Dependent Events
Problem 26E
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The odds that tax revenue in a certain country comes from property taxes are
40:60. Find the probability that tax revenue comes from property taxes.
2
Set-up an equation to find the probability of the event occurring.
P(E)=
(Use integers or fractions for any numbers in the expression. Do not
perform the calculation.)
The probability that tax revenue comes from property taxes is
(Simplify your answer.)
25
Transcribed Image Text:The odds that tax revenue in a certain country comes from property taxes are 40:60. Find the probability that tax revenue comes from property taxes. 2 Set-up an equation to find the probability of the event occurring. P(E)= (Use integers or fractions for any numbers in the expression. Do not perform the calculation.) The probability that tax revenue comes from property taxes is (Simplify your answer.) 25
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