Comparing the Probability of Events: Is the Difference Greater Than Expected?

AI Thread Summary
The discussion centers on comparing the likelihood of events based on their probabilities. Events 1 and 2 have probabilities of 0.81 and 0.82, while events 3 and 4 have probabilities of 0.01 and 0.02, respectively. It is established that event 4 occurs twice as often as event 3, while events 2 and 1 have nearly equal probabilities. The comparison shows that the likelihood of event 4 occurring over event 3 (2:1) is greater than the likelihood of event 2 occurring over event 1 (82:81). This analysis clarifies the relative probabilities of the events in question.
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If two events 1 and 2 have probability 0.81 and 0.82

And another two events, 3 and 4 have probability 0.01 and 0.02

Would it be correct to say that (event 4 will occur more often than event 3), compared with (event 2 more likely to occur than even 1)?

The comparison is 'the more likely'. To repharase the question. Is the (likliness of event 4 over event 3) greater than the likliness of (event 2 over event 1)?

I hope this question makes sense.
 
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Yes, you are definitely correct.

Event 4 has exactly twice the probability of Event 3.
Event 2 has almost the same probability as Event 1.

Event 4 over Event 3 = 2/1
Event 2 over Event 1 = 82/81

Hope that helps.

Simon
 
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