Concept:
A subset containing "only" odd numbers must be constructed using only the elements from the set of odd numbers available in \( S \). The number of all possible subsets of a set with \( m \) elements is \( 2^m \). If we exclude the empty set (which contains no numbers), we subtract 1.
Step 1: Identify the odd numbers in \( S \).
Odd numbers in \( \{1, 2, 3, \dots, 10\} \) are \( \{1, 3, 5, 7, 9\} \).
Number of odd elements \( m = 5 \).
Step 2: Calculate the number of non-empty subsets.
Total subsets of the odd set \( = 2^5 = 32 \).
These subsets consist of only odd numbers. If the question implies non-empty subsets (standard in this context):
\[ 2^5 - 1 = 31 \]