How to Calculate Odds in Favor given Probability of Success?
Odds in Favor given Probability of Success calculator uses Odds in Favor = Probability of Success in Binomial Distribution/(1-Probability of Success in Binomial Distribution) to calculate the Odds in Favor, The Odds in Favor given Probability of Success formula is defined as the ratio of the number of favorable outcomes (winning) to the number of unfavorable outcomes (losing), calculated using probability of success. Odds in Favor is denoted by OF symbol.
How to calculate Odds in Favor given Probability of Success using this online calculator? To use this online calculator for Odds in Favor given Probability of Success, enter Probability of Success in Binomial Distribution (pBD) and hit the calculate button. Here is how the Odds in Favor given Probability of Success calculation can be explained with given input values -> 0.666667 = 0.6/(1-0.6).