A researcher is studying passing rates for a licensure exam and has coded 'pass' as '1' and 'fail' as '0'. Which of the following is a correct interpretation of odds of .48?
A) The odds of passing are about equal to those of failing
B) The odds of passing are greater than those of failing
C) The odds of passing are less than those of failing
D) Cannot be determined from the information provided
Correct Answer:
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