Re: from odds to probs

joeu2004_at_hotmail.com
Date: 01/17/05 

Date: 16 Jan 2005 23:58:26 -0800

Doug wrote:
> Could someone remind me of the maths steps in getting from
> O=P/1-P to P=O/1+O.

This is basic algebraic manipulation.

O = P / (1-P)
O * (1-P) = P
O - O*P = P
O = P + O*P
O = P * (1+O)
O / (1+O) = P

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