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1. In a game, you either win or loss.If theprobability to win is 0.69,then what is the odds (ratio)of winning the game?Round your answer to
1. In a game, you either win or loss.If theprobability to win is 0.69,then what is the odds (ratio)of winning the game?Round your answer to the second decimal place.
2. In a game, you either win or loss.If theprobability to win is 0.74,then what is the log oddsof losing the game?Round your answer to the second decimal place.
Hint:After computing the odds ratio, please take the naturallogarithm of it.You may use Excel or calculator for this question.
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