With probability ratios the value you get to describe the strength of the relationship when you compare (A given B) to (A given not B) is not the same as what you get when you compare (not A given B) to (not A given not B). This is, IMHO, a big problem. There is no such problem with odds ratios.
They're used for power transfer and to create gearing ratios.
Stoichiometry uses coefficient ratios to relate moles of one molecule to moles of another
chemical formula
A chemical formula is a shorthand that uses symbols to represent the elements in a compound and show their ratios. For example, the chemical formula for water is H2O, indicating that it is made up of two hydrogen atoms for every one oxygen atom.
Stoichiometry uses coefficient ratios to relate moles of one molecule to moles of another
Ratio uses 2 similar things and compares them while proportions uses ratios to compare, they both compare objects or items ------ Pao Xiong
when a number of ratios give the same answer after solving the ratios the ratios are said to be equivalent ratios
With probability ratios the value you get to describe the strength of the relationship when you compare (A given B) to (A given not B) is not the same as what you get when you compare (not A given B) to (not A given not B). This is, IMHO, a big problem. There is no such problem with odds ratios.
Ratios are often classified using the following terms: profitability ratios (also known as operating ratios), liquidity ratios, and solvency ratios.
Ratios
Solvency ratios are primarily used by creditors and investors to assess a company's long-term financial stability and ability to meet its debt obligations. Lenders, such as banks and bondholders, analyze these ratios to evaluate the risk of default before extending credit. Additionally, management and financial analysts utilize solvency ratios to make informed decisions about capital structure and financial strategy. Finally, regulatory bodies may also review these ratios to ensure compliance with financial standards.
1 - Activity ratios 2 - Profitability ratios 3 - Liquidity ratios