
Sam L. answered 05/28/21
UCLA Anderson Research Staff for Economics and Math Tutoring
Hi!
For odds ratios, the default null hypothesis (H_0) is 1 (contrast this with regressions, where the null hypotheses usually involve beta=0). An odds ratios statistically significantly different from 1 (e.g. the confidence interval does not contain 1) implies that the probability of an event occurring is significantly greater than it not occurring. (Recall that if p=prob[event], the odds ratio is defined as p/(1-p).)
Hope this was helpful.