odds
Chat with our AI personalities
If the event in question is A and the probability of A occurring is P(A), then the probability of A not occurring is P(A')=1-P(A).
The probability that an event will occur plus the probability that it will not occur equals 1.
Probability is the ratio of no. of possible outcomes to the maximum no. of outcomes . If any event doesnt occurs ,then it is 0/N,where N=maximum no of outcomes .and that is 0 itself ,hence that is signified by zero ,or will at max, all the possible outcomes wil occur ,which means N/N that is denoted by 1. Hence probabilty for the occurance for any event is between 0 and 1.
These events are complementary. Let P(A) = probability event will occur. Then the probability it will not occur is: 1 - P(A).
If the probability of an event occurring is p, then 1-p represents the probability of the same event not occurring. The value of p must lie between 0 and 1.