in reply to Re: Fastest way to calculate hypergeometric distribution probabilities (i.e. BIG factorials)?
in thread Fastest way to calculate hypergeometric distribution probabilities (i.e. BIG factorials)?
BTW, do you really mean "the odds"? Or do you want the probability p? [...] (The odds are (1– p)/p.)
Hmm, if the probability is 25%, I'd read that as implying "the odds are 3". But that isn't right: the odds are "3 to 1 against", which means the same as 25%  in fact I'd consider it reasonable even to say "the odds are 25%".
I'm not sure if there is a name for what (1p)/p represents, but I don't think "the odds" is it.
Hugo


Replies are listed 'Best First'.  

Re: What are "the odds"?
by tlm (Prior) on Jun 14, 2005 at 12:07 UTC  
by chas (Priest) on Jun 14, 2005 at 12:28 UTC  
Re: What are "the odds"?
by chas (Priest) on Jun 14, 2005 at 11:54 UTC  
by tlm (Prior) on Jun 14, 2005 at 13:46 UTC 
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