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OpenStudy (anonymous):
the odds against a horse winning a race are 21:1 what is the probability of the horse winning the race?
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OpenStudy (anonymous):
1:21
OpenStudy (anonymous):
percent or fraction
OpenStudy (amistre64):
odds take the total outcomes and split it into yes and no ... if that makes sense
OpenStudy (amistre64):
prob of losing is then 21 out of 22 and prob of winning is 1 out of 22
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