Which of the following most accurately describes the comparison of \'probabiliti

Question

Which of the following most accurately describes the comparison of 'probabilities' and 'odds'?

a. Probabilities and odds aresynonymous in that they both compare the occurrences of an event A to the total number of possible outcomes. The difference between probabilities and odds is how they are written.

b. This is a trick question. Calculating probabilities and odds results in the same values, and so they mean the same thing. The difference between probabilities and odds is how they are calculated and answers written.

c. Probabilities compare the number of occurences of an event A to the total number of outcomes. Odds compare the number of occurences of an event A to the number of occurences of the complement of event A.

d. Probabilities compare the number of occurences of an event A to the number of occurences of the complement of event A. Odds compare the number of occurences of an event A to the total number of outcomes.

Explanation / Answer

c. Probabilities compare the number of occurences of an event A to the total number of outcomes. Odds compare the number of occurences of an event A to the number of occurences of the complement of event A.

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