Can probability ever be over 1?

The probability of occurrence of an event can never be greater than 1. However, it can be equal to 1, which would mean certainty of the event or it could be 0 which would mean impossibility of the event. Hence, probability of occurrence of an event is expressed on a scale of 0 to 1.

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2024-01-12 03:20:06

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Is total probability always 1?
The probability of a certain event occurring depends on how many possible outcomes the event has. If an event has only one possible outcome, the probability for this outcome is always 1 (or 100 percent). If there is more than one possible outcome, however, this changes.
2024-02-14 16:47:34

What is the odds ratio of 1.5 to probability?
You interpret an odds ratio the same way you interpret a risk ratio. An odds ratio of 1.5 means the odds of the outcome in group A happening are one and a half times the odds of the outcome happening in group B.
2024-01-17 16:10:16

Why 1.5 is not a probability?
The probability of an event always lies between 0 (there is no chance for the event to occur) and 1 (the event will definitely occur). Thus 1.5 is not possible.
2024-01-06 06:18:55

What is the probability of 5 to 1 odds?
The 5-1 betting odds probability is an 83.33 per cent probability of a particular outcome and a 16.67 per cent probability of another outcome. The 5/1 odds implied probability means your selection has a 16.67% chance of winning and an 83.33% chance the selection will lose.
2023-05-10 13:16:17

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