The number of "favourable" outcomes.
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Probability is a measure of the likelihood of a given event and is a number in the range [0, 1]. That value, if expressed as a ratio, is a probability ratio. It can also be expressed as a percentage or a decimal fraction.
Another name for experimental probability is empirical probability. This is the ratio of the number of outcomes in which a specified event occurs to the total number of trials.
the ratio of the number favorable outcomes to the total number of trials.
It depends on what variable the probability ratio was for! The random variable could have been the number of heads minus the number of tails, for example.
Odds in Favor ^Wrong..It's theoretical probability.