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1.1 probability expressed as proportion

The chances of successes are:

For 200 trials, each with probability = 3 in 12, on average there will be 50 successes.

Probability

  • 0.250000

    • As a percentage

  • 25.0000%

    • As a rounded-off proportion

  • 1 in 4

    • As approximate fair betting odds

  • 3 : 1

    • Representative example

    For successes

  • 200 chances for successes
  • Observed successes: 51 = 25.500% (expected average: 50 = 25.000%)

    • What are the Chances of That? - The Book

    Five reasons that we find it hard to think about uncertainty. To be published by Oxford University Press in 2021.

    Click here to learn more about it.

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