Encyclopedia > Odds

Article Content

Odds

In probability theory and statistics the odds in favor of an event or a proposition are the quantity p/(1-p), where p is the probability of the event or proposition. The logarithm of the odds is the logit of the probability.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

King Leopold II of Belgium

... natives unaccustomed to the capitalist ethos of labor productivity, were the victims of murder, starvation, exhaustion induced by over-work, and disease. Writings ...