Translation of odds (English-English)

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odds: an alternative characterisation of the parameter` p` for a binomial process is the ratio of the incidences of the two alternatives: p/ (1-p); this quantity is termed the odds ratio; the value may range from zero to infinity. This relates to a possible view of a binomial process as the combined activity of two Poisson processes with a limit upon total count for the two processes combined
Category: Statistics

oddside: to carry out a partial moulding operation by making use of a previously prepared part
Category: Iron and steel industries

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