TAKEPLACE: RANGING INFINITELY

Friday, July 1, 2011

RANGING INFINITELY

Probability = Odds/Odds + 1 & Odds = Probability/ 1-Probability = p/1-p When either the probability or adds is low (ie, <0.1), they are essentially interchangeable values. When the probability is 0.5, the odds are 1. Probability is limited to values between 0 and 1, whereas MY ODDS RANGE FROM 0 TO +INFINITY *

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