Quantcast XP Math - Forums - View Single Post - Can you convert 41.4/1053.7 odds to probability?
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Old 07-28-2007   #4
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Odds are typically given as a:b, not a/b.This is interpreted as the probability of the event occuring as a / (a+b).In your case, this would be 41.4 / (41.4 + 1053.7), or expressed as a decimal fraction, about 0.037805.