Probability in logistic regression ranges from 0 to 1, while odds can extend from 0 to infinity. Probability measures the frequency of an event occurring relative to all possible events, whereas odds assess the event's occurrence against its non-occurrence.

1. What is the difference between Probability and Odds Ratio in the context of Logistic
Regression:
O a. Probability is between 0 and 1, whereas odds can be between 0 and infinity.
O b. Probability captures the ratio of how often an event occurred over all possible events,
whereas odds capture ratio of how often an event occurred over how often it did not occur.