QUESTION IMAGE
Question
- what concept measures the likelihood of an event occurring against it not occurring?
a. odds
b. variation
c. expectation
d. probability
Brief Explanations
Odds is defined as the ratio of the probability of an event occurring to the probability of it not occurring. Variation measures how spread out data is. Expectation is the average value of a random variable. Probability is the measure of the likelihood of an event occurring (not against it not occurring).
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A. Odds