Question: Finding Probability from Odds If the actual odds against event A are a:b, then P(A) = b>(a + b). Find the probability of the horse
Finding Probability from Odds If the actual odds against event A are a:b, then P(A) = b>(a + b). Find the probability of the horse Make Music for Me winning the 136th Kentucky Derby, given that the actual odds against his winning that race were 36:1.
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