The ______ of an event is equal to the number of times it occurs divided by the total number of chances for it to occur.
A) odds
B) probability
C) logged odds
D) proportion

Question

Quizplus · Accepted Answer

The definition given in the question directly corresponds to the concept of probability. Option A, odds, is related to probability, but it represents the ratio of the probability of an event occurring to the probability of it not occurring. Option C, logged odds, is a transformed version of odds, where the natural logarithm of odds is taken to make the distribution more symmetrical. Option D, proportion, represents the fraction of the total outcomes that result in the event of interest, but does not take into account the number of chances an event has to occur.

The ______ of an Event Is Equal to the Number