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The odds of an event is the ratio of the probability that the event will happen (p) to the probability that it will not happen (1-p).
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Calculating Odds of Getting a Sample w/ a Specific Standard Deviation
Trying to calculate the odds on something and was getting myself confused. I'll try to summarize into a simple problem with made up numbers. … I wanted to calculate the odds of firing off 15 rounds in a row that would have a standard deviation between 0 m/s and 2 m/s. …