What is the relationship between probability and percent?
It's a matter of converting between a fraction and a percentage .
Remember that the word 'percent' really means 'per hundred'.
(and you are in fact converting from dollars to cents and back)
So if you have a probability of
And the other way around, if you have a chance-percentage of
That's all there is to it.
One more thing:
In probabilities you never have more than