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re: Flip a coin 6 times. What are the odds for exactly 5 tails?
Posted on 8/30/23 at 10:49 pm to GRTiger
Posted on 8/30/23 at 10:49 pm to GRTiger
Oh I see now. Yeah 3/29 is correct for odds, about 9.4% is the probability
ETA although thinking about it, it's counterintuitive to describe odds in a fraction like that. You'd describe it as a ratio. 3/29 is 10.something percent, which is not the likelihood of flipping exactly 5 tails
ETA although thinking about it, it's counterintuitive to describe odds in a fraction like that. You'd describe it as a ratio. 3/29 is 10.something percent, which is not the likelihood of flipping exactly 5 tails
This post was edited on 8/30/23 at 10:58 pm
3
Posted on 8/30/23 at 10:56 pm to Ingeniero
I just thought it was an interesting question because people talk about probability and odds meaning the same thing. They don’t. Also math odds usually have no similarity to sports betting odds.
This post was edited on 8/30/23 at 10:58 pm
Posted on 8/30/23 at 11:26 pm to Ingeniero
quote:
ETA although thinking about it, it's counterintuitive to describe odds in a fraction like that. You'd describe it as a ratio. 3/29 is 10.something percent, which is not the likelihood of flipping exactly 5 tails
3/29 is a ratio. It's the number of successes per number of failures.
Take a probability of 3/4. The odds would be calculated as (3/4)/(1-3/4) = 3/1 (3 successes for every 1 failure).
Posted on 8/30/23 at 11:27 pm to Ingeniero
quote:
it's counterintuitive to describe odds in a fraction like that.
It is. I think it's better represented 3:29 so that it's clear that it means 3 to 29 and not 3 out of 29 as the fraction form implies.
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