document.write( "Question 353936: Mathematical Connections 9-4 p.574#1
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document.write( "1. Explain the difference between odds and probability.
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Algebra.Com's Answer #253002 by stanbon(75887) ![]() You can put this solution on YOUR website! Explain the difference between odds and probability.\r \n" ); document.write( "\n" ); document.write( "----- \n" ); document.write( "odds \"for\" an event (E) = [P(E)/P(not E)] \n" ); document.write( "odds for is the ratio of ways an event can happen to ways it cannot happen. \n" ); document.write( "---- \n" ); document.write( "odds \"against\" an event (E) = P(E')/P(E) \n" ); document.write( "odds against is the ratio of ways an even cannot happen to number it can. \n" ); document.write( "======================================== \n" ); document.write( "P(E) is the ratio of # of ways an experiment can succeed \n" ); document.write( "compared to the sum of ways to succeed plus ways to fail. \n" ); document.write( "------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |