Introduction Let's begin with probability.
The interpretation of this odds ratio would be that the odds of success are 16 times greater than for failure. Interestingly enough, the interpretation of this odds ratio is nearly the same as the one above. Here the interpretation is that the odds of failure are one-sixteenth the odds of success. Suppose that seven out of 10 males are admitted to an engineering school while three of 10 females are admitted. Thus, the odds of a male being admitted are 5.44 times greater than for a female.