Given odds against E of “a to b,” the implied probability of [...]
Answer
E is b/(a + b).
Tags
#reading-9-probability-concepts
Question
Given odds against E of “a to b,” the implied probability of [...]
Answer
?
Tags
#reading-9-probability-concepts
Question
Given odds against E of “a to b,” the implied probability of [...]
Answer
E is b/(a + b).
If you want to change selection, open document below and click on "Move attachment"
Odds y’s EPS for FY2014 beating $0.69 are 1 to 7 means that the speaker believes the probability of the event is 1/(1 + 7) = 1/8 = 0.125.
Odds against E = [1 − P(E)]/P(E), the reciprocal of odds for E. <span>Given odds against E of “a to b,” the implied probability of E is b/(a + b).
The statement that the odds against the company’s EPS for FY2014 beating $0.69 are 15 to 1 is consistent with a belief that the probability of the event is
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.