The real number 0.20 isn’t a probability, it’s just the same odds but written in a different way to make it possible to multiply (specifically you want some odds product * such that A:B * C:D = AC:BD). You are right about how you would convert the odds into a probability at the end.
The real number 0.20 isn’t a probability, it’s just the same odds but written in a different way to make it possible to multiply (specifically you want some odds product
*such thatA:B * C:D = AC:BD). You are right about how you would convert the odds into a probability at the end.