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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (579)12/11/2000 10:01:16 PM
From: M. Frank GreiffensteinRead Replies (2) | Respond to of 24758
 
Definition of Odds:
2. a.The ratio of the probability of an event's occurring to the probability of its not occurring.
dictionary.com;

Do you see a problem with this dictionary definition? The definition implies exhaustion of all ocurrences. X and "not X" pretty much covers everything, wouldn't you agree? In a binomial distribution, x + (1 - x) is 1 <g>.

Doc Stone