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Mathematics, 01.04.2020 03:32 mdot8890

In a recent Kentucky Derby, the betting odds for the favorite horse were 8 to 4. Use these odds to compute the probability that the favorite horse would lose the race. What is the probability that the favorite horse would win the race? (Round your answers to two decimal places.)

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In a recent Kentucky Derby, the betting odds for the favorite horse were 8 to 4. Use these odds to c...
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