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1.4 probability expressed as odds

The chances of successes are:

For 200 trials, each with probability = 10 to 1, on average there will be 18.2 successes.

Probability

  • 0.090909

    • As a percentage

  • 9.0909%

    • As a rounded-off proportion

  • 1 in 11

    • As approximate fair betting odds

  • 10 : 1

    • Representative example

    For successes

  • 200 chances for successes
  • Observed successes: 13 = 6.500% (expected average: 18.2 = 9.091%)

    • 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.

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