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It means there is a chance of being right 2 times out of three.

2:1 odds means 1 chance of 3 to be right; 1:1 odds means an even chance; 1:2 (0.5)odds is 2 of 3; 1:9 is 9 chances of being right out of 10 etc.

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Q: What does an odds ratio of 0.5 mean?
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Related questions

What does OR mean in epidemiology studies?

it means odds ratio


What does the odds ratio of 2.39 mean?

For 2 to 39 odds of winning;Probability of winning:0.95122, or;Chance of winning:95.12%


What is the difference between a crude odds ration and an adjusted odds ratio?

Odds ratio (AD/BC) is the ratio between number of times that something happens and does not happen. Crude odds ratio is the ratio that is not stratified (ex. by age). Adjusted odds ratio is a stratified odds ratio. If the odds ratio equals one, then there is no association, and null hypothesis shall be accepted. If one is included into confidence interval, then it is possible that odds ratio equals one, and it is not statistically significant. If stratified odds ratios are about the same, or there are no significant differences, the odds ratios are combined into one common odds summary estimate of two stratum specific ORs using Mantel-Haenszel and/or Cohran's tests, or multivariable analysis.


What is odds ratio?

A crude odds ratio is the probability that a case preceeded the control in regard to exposure and history.


Difference between adjusted and unadjusted odds ratio?

An odds ratio is the difference between the number of times that something happens and does not happen. An unadjusted odds ratio is a guess between what could or could not happen.


What does OR stand for in statistics?

odds ratio.


What is adjusted odds ratio?

As adjusted odds ratio is defined as "In a multiple logistic regression model where the response variable is the presence or absence of a disease, an odds ratio for a binomial exposure variable is an adjusted odds ratio for the levels of all other risk factors included in a multivariable model." Simply put, it is a measure of association between an exposure and an outcome.


What is Crude odds ratio?

The crude odds ratio is a statistical measure that quantifies the strength of association between an exposure and an outcome in a study without adjusting for any other factors. It is calculated by dividing the odds of the outcome occurring in the exposed group by the odds of the outcome occurring in the unexposed group.


What is a ratio comparing favorible and unfavorible outcomes?

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Can a random error shift the odds ratio to null?

No


What does six out of two mean?

It is an odds ratio. The total number of ways to have something happen is 8 and you have 6 ways for and 2 against.


What is the difference between odds ratio and Chi square?

none