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. = each
C success, or one success per ve
attempts. If you have two
probabilities, one measured as a
percentage and the other as an odds ratio, you may have to convert to compare the relative
probabilities.
Divide the percentage by 100 to convert from a percentage to a decimal. For example, if you have 40
percent, divide 40 by 100 to get 0.4.
Divide 1 by the percentage expressed as a decimal. In this example, divide 1 by 0.4 to get 2.5.
Subtract 1 from the result to nd the rst number of the odds ratio. In this example, subtract 1 from
2.5 to get 1.5.
Substitute the result in for X in the odds ratio X-to-1. In this example, substitute in 1.5 to nd that 40
percent converts to an odds ratio of 1.5-to-1.
References
University of Delaware: Ratios, Proportions, Percentages and Rates
The Poker Bank: Ratio - Percentage Conversion Table
Mark Kennan is a writer based in the Kansas City area, specializing in personal
nance and business topics. He has been writing since 2009 and has been
published by "Quicken," "TurboTax," and "The Motley Fool."
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