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If the odds against are 8 to 1, that means on the average you expect it to not happen 8 out of 9 times, and happen the other 1 time out of 9. 1 out of 9 is 1/9 = 11.1% probability that the event willoccur.

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If the odds against an event are 9.8 find the probability that the event will occur?

Odds against A = Probabillity against A / Probability for A Odds against A = (1 - Probabillity for A) / Probability for A 9.8 = (1 - Probabillity for A) / Probability for A 9.8 * Probability for A = 1 - Probability for A 10.8 * Probability for A = 1 Probability for A = 1 / 10.8 Probability for A = 0.0926


The ratio of the probability that an event will occur compared with the probability of its not occurring?

odds"The odds against an event is a ratio of the probability that the event will fail to occur (failure) to the probability that the event will occur (success). To find odds you must first know or determine the probability of success and the probability of failure.Odds against event = P(event fails to occur)/P(event occurs) = P(failure)/P(success)The odds in favor of an event are expressed as a ratio of the probability that the event will occur to the probability that the event will fail to occur.Odds in favor of event = P(event occurs)/P(event fails to occur) = P(success)/P(failure)"Allen R. Angel, Christine D. Abbott, Dennis C. Runde. A Survey of Mathematics with Applications. Pearson Custom Publishing 2009. Pages 286-288.


What is the word used to describe the probability of an event occurring to the probability that it will not occur?

Odds.


What is the probability of an event occurring to the probability of an event not occurring?

Answerodds the odds in favour are p/(1-p)the odds against are (1-p)/p


What is the probability of an event occurring to the probabilit that it might not occur in statistics a four letter wordetter word for the probability of an event occurring to the probability that it?

"Odds".


What is a four letter word with the third being a d for the probability of an event occurring to the probability that it will not occur?

odds


If the probability of an event is 3 to 7 what are the odds it will not occur?

four out of seven times


How can you use odd to find probability?

Odds of A to B in favour of an event states that for every A times an event occurs, the event does not occur B times. So, out of (A+B) trials, A are favourable to the event. that is, the probability of A is A/(A+B).


What word describes the probability of an event occurring to the probability that it will not?

compliment- it's a word for the probability minus one, so it something has a .6 probability, the probability(compliment) it woun't occur is .4 The answer for the Statistic Crossword Puzzle is "odds"


What is the meaning of the phrase what are the odds?

I believe it's the same as "against all odds," meaning that the probability of the event occurring was low (it was unlikely to occur), yet it did so anyway. Usually the implication is that extraordinary deeds or qualities (determination, preparation, virtue, etc) yielded an extraordinary result, whereas an ordinary result is dictated by probability, or chance.


How are odds related to probability?

Probability of an event A is P(A) is the (chance of A)divided by (the total chances) and odd is (Chances for: Chances against) For example the probability of picking a 6 in a deck of cards is 4/52 and the odds are 4:52-4=4:48 or 1:12


What best describes probablity?

Probability is a numeric expression of the "odds" that something will happen.