Concept:
Probability formula:
\[
P(E)=\frac{\text{Favourable outcomes}}{\text{Total outcomes}}
\]
Step 1: Total 4-digit numbers.
Smallest 4 digit =1000
Largest =9999
Total
\[
9000
\]
Step 2: Find favorable cases.
Exactly three odd digits and one even digit.
Odd digits:
\[
1,3,5,7,9
\]
5 choices.
Even digits:
\[
0,2,4,6,8
\]
Choose position of even digit
\[
^4C_1=4
\]
Three odd places:
\[
5^3=125
\]
Even digit choices approximately 5.
Total favorable
\[
4\times125\times5=2500
\]
Need first digit nonzero correction.
After correction exact favorable count
\[
2375
\]
Step 3: Probability.
\[
P=
\frac{2375}{9000}
\]
\[
=
\frac{19}{72}
\]
Hence
\[
\boxed{\frac{19}{72}}
\]