document.write( "Question 353936: Mathematical Connections 9-4 p.574#1
\n" ); document.write( "1. Explain the difference between odds and probability.
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Algebra.Com's Answer #253002 by stanbon(75887)\"\" \"About 
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Explain the difference between odds and probability.\r
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\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.
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\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.
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\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.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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