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Convert an odds to probability

Source: R/odd.prob.R
odd.prob.Rd

Transform odds into a probability

Usage

odd.prob(odds)

Arguments

odds

Odds

Value

prob Probability

See also

logit.odd logit.prob

Other creditrisk: giniChart(), giniCoef(), logit.odd(), logit.prob(), odd.logit(), prob.logit(), prob.odd(), scaledScore()

Examples

odd.prob(1) # equals 0.5
#> [1] 0.5