🔹odds

نسبت احتمال وقوع به احتمال عدم وقوع

🔹probability
احتمال

🔸For an event that is 40% probable, one could say that the odds are "2 to 3 in favor", or "3 to 2 against".

🔸Another way of expressing a probability is as an odds. We convert a probability to an odds by dividing it by 1 minus the probability. For example, if the probability of a 50-year-old man in the United States seeing a doctor in the ensuing 12 months is 0.667, then the probability of him not doing so is 1 – .667 = 0.333. The ratio of these two probabilities is the odds—0.667/0.333 = 2.0—or, in the more common vernacular, the odds are “2 to 1” (i.e., it is twice as likely that 50-year-old men living in the United States will see a doctor in the next 12 months than they will not).

©️سرچشمه:

J. Jaccard & J. Jacoby (2020, p. 444). Theory Construction and Model-Building Skills: A Practical Guide for Social Scientists.

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