The probability of the occurrence of an event that is expressed as a ratio of the possible occurrences to the possible nonoccurences. The odds of an event A is given by p(A). (1p). Where 1p is the probability that event A will not occur.
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The probability of the occurrence of an event that is expressed as a ratio of the possible occurrences to the possible nonoccurences. The odds of an event A is given by p(A). (1p). Where 1p is the probability that event A will not occur.
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