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In the middle of the 2012 season a sports website calculated that the probability of the...

In the middle of the 2012 season a sports website calculated that the probability of the Phoenix Suns winning the 2012 NBA Championship was 1/101 . What were the odds of the Phoenix Suns winning the 2012 NBA Championship?

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Answer #1

p = probability of the Phoenix Suns winning the 2012 NBA Championship = 1/101

odds of the Phoenix Suns winning the 2012 NBA Championship

= 0.01

The odds of the Phoenix Suns winning the 2012 NBA Championship were 0.01

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