It's called the probability of success.
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p/(1-p) The sum of the probability of an event occurring plus it not occurring equals 1.
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It is the probability of that event.
If an event has a probability of occurring p, then the probability of it not occurring is 1 - p. This is because the probability of something happening is always 1, i.e. p + (1 - p) = 1.
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