odds
Definition
Probable number of times an event is likely to occur, expressed as the ratio of number of probable occurrences to the number of probable non-occurrences. Thus, if an event 'A' has an associated probability 'p,' the probability of its not occurring is (1–p), and odds on A are = p ÷ (1 – p).
odds is in the Statistics, Mathematics, & Analysis subject.
odds appears in the definitions of the following terms: degree of risk and probability theory
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