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…

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