6 ms·
It's been a while since I've done any stats but I'm coming up with roughly the same number they are (~88.5). I'm trying to find the percentage chance for which
by Mouse47 6y ago
It's been a while since I've done any stats but I'm coming up with roughly the same number they are (~88.5). I'm trying to find the percentage chance for which the expected value of such a bet is 0. Or are you taking issue with the wording of "chance that Trump would win"?
- danielscrubs 6y agoThe wording. Basically you need to take into consideration the bookkeepers profits. See GAMBLING odds vs probabilities here: https://en.m.wikipedia.org/wiki/Odds#Gambling_odds_versus_probabilities https://en.m.wikipedia.org/wiki/Odds#Gambling_odds_versus_pr... If you want to deep dive you can look into shin probabilities for one model of how to do the calculations.