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.
when a number of ratios give the same answer after solving the ratios the ratios are said to be equivalent ratios
Stoichiometry uses coefficient ratios to relate moles of one molecule to moles of another
Ratios are often classified using the following terms: profitability ratios (also known as operating ratios), liquidity ratios, and solvency ratios.
Ratio uses 2 similar things and compares them while proportions uses ratios to compare, they both compare objects or items ------ Pao Xiong
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
1 - Activity ratios 2 - Profitability ratios 3 - Liquidity ratios
1 - Activity Ratios 2 - Liquidity ratios 3 - Profitability ratios