I suck hard at math - I have no trouble with the concepts of essential math, but I’m fairly clueless when it comes to whipping out the equations and formulas necessary to getting where I want to go. Recently I was trying to figure out the odds of being killed by a dog compared to the number of times dogs and humans encounter each other yearly, like so:
83 million dogs in the US.
365 days per year.
Assume all dogs encounter at least one human being at least one time on every one of those days. (A ridiculously conservative assumption, obviously)
So that gives us 30,295,000,000: 30.3 billion human/dog encounters yearly.
Last year, there were 34 fatalities caused by dogs.
Because these numbers happen to be pretty simple, it’s easy to just ballpark the obvious: 34 deaths, 30.4 billion encounters, fair to call it 1 in a billion.
But what if they weren’t so obviously easy to ballpark or I needed a more precise answer? What is the actual formula for odds?
I tried at first to divide 34 by 30.3 billion, and I got a wacky decimal percentage: 0.0000000011223…I believe this means I can state that there is a 0.0000000011223% chance of being killed by a dog in any given encounter with one.
But what is the formula for turning 0.0000000011223% into an expression of the odds? I feel like the answer might be to divide the larger number by the smaller, but it also feels like that isn’t entirely accurate. If I divide 30.3 billion by 34, the answer I get is 891,029,411.76470588235294, which I guess is close enough to “one in a billion” for me to think that might be right, but I rarely trust myself when it comes to this stuff.
I think this breaks my brain because the percentage is so much less than 1. When I’m working with percentages larger than zero, it’s pretty easy, but when the percentage is a teensy fraction of 1… my head breaks.
Assuming I effectively conveyed what I am trying to learn, I thank anyone who will enlighten me about how to do this. And again: if it is possible, PLEASE just give me the barest boned, super-simplest “add X to Y, Divide by Z, the result is 1 in _____” because if it gets too complex my head starts to hurt really badly.