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Difference Between Probability and Odds

July 31, 2011Posted byAdmin

概率与现实生活中充满了事件的几率with uncertainty. The terms probability and odds measure one’s belief in the occurrence of a future event. It may confuse since both ‘Odds’ and ‘probability’ are related to the potential that event occurs. However, there is a difference. Probability is a broader mathematical concept. However odds is another […]

Filed Under:MathematicsTagged With:chance,desired outcomes,occurrence,odd,odds,possible outcomes,probability,Uncertainty

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