Odds in favor of receiving a gift = 5/13
Explanation:The probability of receiving a gift, P(R) = 5/18
Probability of not receiving a gift, P(nR) = 1 - 5/18 = 13/18
The odds in favor of receiving a gift is calculated below:
[tex]Odds(R)=\frac{P(R)}{P(nR)}[/tex]Therefore:
[tex]\begin{gathered} Odds(R)=\frac{5}{18}\div\frac{13}{18} \\ \\ Odds(R)=\frac{5}{18}\times\frac{18}{13} \\ \\ Odds(R)=\frac{5}{13} \end{gathered}[/tex]Odds in favor of receiving a gift = 5/13
