A researcher calculates the risk and odds of a particular event and finds they are almost the same.This implies that
A)the probability of the event is high
B)the probability of the event is low
C)the probability of the event is exactly .75
D)none of the above

Question

Quizplus · Accepted Answer

When the risk (probability) of an event is low, the odds (ratio of the probability of the event occurring to the probability of it not occurring) and the risk will be very similar in value. This is because, for low-probability events, the denominator in the odds calculation (1 - probability of the event) is close to 1, making the odds and the risk (probability) nearly equal.

A Researcher Calculates the Risk and Odds of a Particular