| 单词 | fair odds |
| 释义 | fair odds The odds which would leave anybody betting on a random event with zero expected gain or loss. For example, if there is 1 chance in 100 that my house will burn down during the next year, actuarially fair odds are 99 to 1 against this happening. If I bet £1, which I lose if my house does not burn down, but get £99 if it does, my expected gain is (1/100) (£99) - (99/100) (£1) = 0; the odds are thus actuarially fair. |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。