Compute odds and probabilities

In this exercise you will review the concept of odds and their relationship to probabilities.

Recall the formulas from the video:

$$ \text{odds} = \frac{\text{event occurring}}{\text{event NOT occurring}} $$

and odds in terms of probabilities

$$ \text{odds} = \frac{\text{probability}}{1-\text{probability}} $$

This exercise is part of the course

Generalized Linear Models in Python

Have a go at this exercise by completing this sample code.

# Compute the odds
odds = ____/(____-____)

# Print the result
print('Odds are: ', round(____,3))