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Probabilidade e chances

  • Nota de Estudos
  • Rever Tópicos
    No M.
    ZA
    No M.

    The higher odds correspond to higher probability and low odds low probability

    Samkeliso R S.
    SZ
    Samkeliso R S.

    odds express probability in ways that makes payouts easy

    Juliet N.
    NG
    Juliet N.

    odds of lossing and probability of wining

    Rachel N.
    IE
    Rachel N.

    gambling uses odds to calculate probability

    Corey N.
    US
    Corey N.

    Completely unnecessary and childish.

    Olga K.
    IQ
    Olga K.

    Can somebody help me with

    Zayzay K.
    LR
    Zayzay K.

    odds of losing and probability of wining

    Jahidul I.
    BD
    Jahidul I.

    Odds and Probabilities Odds and probabilities If there is a $ p$ probability of something happening, then the odds can be considered the number of successes you expect to get for every failure on average. High odds correspond to high probabilities, low odds to low probabilities. To calculate the odds: $\displaystyle O=\frac{\text{proportion of successes}}{\text{proportion of failures}}=\frac{p}{1-p} $ To go from odds back to probabilities: $\displaystyle p=\frac{O}{1+O} $ While probabilities are bound to [0,1], odds are bound to [0,$ \infty$) Let's take the titanic example. What was the overall odds of survival on the Titanic. 38% of passengers survived the Titanic. Therefore: Odds of survival$\displaystyle =\frac{0.38}{1-.38}=\frac{0.38}{0.62}=0.61$

    Jahidul I.
    BD
    Jahidul I.

    what is Basic Probability Formulas?

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