What is meaning of Odds?
Correct Answer: Chance of frequency of occurrence of a characteristic relative to its non-occurrence
Description: Odds is Chance of frequency of occurrence of a specific event, relative to its non-occurrence Odds = Probability/ 1- probability Eg: Probability of Mr. Ram developing MI in his lifetime is 75% , what are odds of developing MI = 0.75/ 0.25 = 3:1
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