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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.
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Earn +20 ptsQ: What are the uses of probability ratio?
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Who uses empirical probability?
Help! I have no clue what profession uses empirical probability. Linda in Nevada
What type of probability uses a knowledge of sample spaces as opposed to experiments to determine the numerical probability that an event will occur?
Theoretical probability.
What type of probability is when it uses sample spaces to determine the numerical probalitiy that an event will happen?
Classical Probability!
How is probability represented?
Usually as a fraction or ratio. (desired results) : (all results)
Probability can be defined as a between the number of successes and number of possible outcomes?
ratio
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