Posts Tagged ‘probability’
Odds and probability…two sides of the same coin
What are the lifetime odds of dying from being hit by a meteorite? 1 in 1,600,000. Yep, not very likely. You are much more likely to die from a dog attack (1 in 86,781) or from a lightning strike (1 in 138,849). But why odds? Why not express these likelihoods in terms of probabilities? Seems…
Read More