On Sunday, July 11, 2010, Spain and the Netherlands played in the 2010 World Cup Final in
Question:
a. Spain won the World Cup. Suppose you had bet $1,000 on Spain. What was your net gain? If Spain had lost, what would have been your net loss?
b. What was the implied probability of Spain winning the final?
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a An odd of 158 means that an individual who ...View the full answer
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Authors: Sanjiv Jaggia, Alison Kelly
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