Log (Odds)
- The scale in original Odds is not symmetrical
- The odds of something happening can go from 1 to infinity
- But the odds of something not happening can go from 1 to 0 which is a small space
- This asymmetry makes it difficult to compare the odds
[!def] Log Odds Formula
$$
\text{Log-Odds} = log \frac{\text{# of Something Happening}}{\text{# of Something not Happening}}
$$
$$
\text{Log-Odds} = log \frac{probability}{1 - probabiliy}
$$