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Odds vs. Probabilities Odds ratio in SPSS (Exp(B)) is an odds rather than a probability Odds = success/failure Probability = Likelihood of success for.

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Presentation on theme: "Odds vs. Probabilities Odds ratio in SPSS (Exp(B)) is an odds rather than a probability Odds = success/failure Probability = Likelihood of success for."— Presentation transcript:

1 Odds vs. Probabilities Odds ratio in SPSS (Exp(B)) is an odds rather than a probability Odds = success/failure Probability = Likelihood of success for any one person

2 Null vs. Specified Model
Null model Odds Ratio = 26/24 = Specified Model Odds Ratio = (e .549 where e = 2.718) What are a single person’s odds of passing given a one unit change in Aptitude? = Prior odds of passing x increase due to 1 point aptitude = x =

3 Probability Odds = x/(1-x)
where x = probability of occurrence of event (i.e., passing) = x/(1-x) Solve for x, x = .652 Conclusion: A one unit increase in aptitude, increases the probability of being successful from 52% to 65.2%


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