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### What is a simple intuitive definition of Odd? [duplicate]

From what i read "The probability that an event will occur is the fraction of times you expect to see that event in many trials. The odds are defined as the probability that the event will occur ...
10k views

### What misused statistical terms are worth correcting?

Statistics is everywhere; common usage of statistical terms is, however, often unclear. The terms probability and odds are used interchangeable in lay English despite their well-defined and different ...
11k views

### Combining probabilities/information from different sources

Lets say I have three independent sources and each of them make predictions for the weather tomorrow. The first one says that the probability of rain tomorrow is 0, then the second one says that the ...
24k views

### Interpretation of simple predictions to odds ratios in logistic regression

I'm somewhat new to using logistic regression, and a bit confused by a discrepancy between my interpretations of the following values which I thought would be the same: exponentiated beta values ...
929 views

### Pooling data for logistic regression

I want to run a logistic regression on greyhound races. For each race I have a dummy variable (y) that takes value one when the dog wins and zero otherwise. Unfortunately the number of hounds in each ...
1k views

### Odds of a number appearing only one time in 500 spins on roulette

I recently observed a roulette wheel where one number appeared only once in five hundred spins. This is an American roulette wheel with 0 and 00, so the odds of any number hitting should be 1/38. I ...
401 views

### Probability of surviving an event three times

If given a 60% chance of something occurring (such as death due to a medical diagnosis) what is the likelihood that the person can survive this three times? For example, 40% of people will survive it....
1k views

### McNemar's test vs chi-squared test for before & after data with different people from the same population

I have 2 proportions I want to compare. They are from the same population but at different time periods, in between which there was an intervention. H0: Proportion in Period#1 = Proportion in Period#...