Odds ratios work the same An odds ratio of 108 will give you an 8% increase in the odds at any value of X Likewise, the difference in the probability (or the odds) depends on the value of X So if you do decide to report the increase in probability at different values of X, you'll have to do it at low, medium, and high values of X Odds ratio in this example is found to be hight () (P The difference between cats and dogs is 3 percentage points or 3 49 ≈ 612 % increase in probability for dogs over cats Meanwhile the odds ratio is 052 1 − 052 049 1 − 049 ≈ 1128 However I am finding a lot of social science literature intpreting O R − 1 as equivalent to increase in probability Example
Statistc 111 Lecture Notes Spring 19 Lecture 11 Odds Ratio Relative Risk Ert2
