If you know the odds you can find the probability by, Basic Statistics

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If you know the odds you can find the probability by

Given the odds, find the probability.

If you know the odds, you can find the probability by solving the preceding equation for odds for the probability. So, p^{^}= odds/(odds + 1). If the odds of an outcome are 3 (or 3 to 1), what is the probability of the outcome?

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Basic Statistics: If you know the odds you can find the probability by

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