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The odds against Lounging Larry winning the horse race are 5:9. Determine the probability that Lounging Larry wins the horse race. 5/9 9/5 5/14 9/14 14/5
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Odds = favor:against Probability = favor/total 5/14
yes or 5/9 =p/1-p assuming the odds are "on" as opposed to "against"
thanks guys!
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