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Mathematics, 31.01.2021 05:20 sman091305

Prior to the start of the 2016 NCAA Men’s Basketball playoffs, the reported odds that Butler University would not make it to the final game were 131 to 1. What was the implied probability that Butler would make it to the finals in 2016? (Round your answers to 3 decimal places.)

Probability

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Prior to the start of the 2016 NCAA Men’s Basketball playoffs, the reported odds that Butler Univers...
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