This course provides a comprehensive understanding of odds and their relationship to probability and statistics. Participants will learn fundamental concepts such as calculating the number of favorable and unfavorable outcomes, understanding probability formulas, and differentiating between permutations and combinations. The course will cover key topics including conditional probability, Bayes’ Theorem, descriptive statistics, inferential statistics, decision trees, game theory, and simulation models. By the end of this course, participants will be equipped with the knowledge and skills to calculate odds accurately, analyze data effectively, and make informed decisions based on probability and statistical analysis.