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

Dynabee

... device. Once the gyroscope inside it is going fast enough, for example after starting it with a short rip string or by a snap of the thumb, a person holding it in her ...