The sixteenth-century polymath Cardano demonstrated the efficacy of defining odds as the ratio of favourable to unfavourable outcomes. Implied by this definition is the fact that the probability of an event is given by the ratio of favourable outcomes to the total number of possible outcomes.
The sixteenth-century polymath Cardano demonstra!ted the efficacy of defining odds as the ratio of favourable to unfav:ourable outcomes. Implied by this .definition is the f?act that the prob!ability of an event is given by the ratio of favourable outcomes to the total number of possible outcomes.