document.write( "Question 998913: For a certain horse race, the odds in favor of a certain horse finishing in second place are given as 37 to 63. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive.\r
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Algebra.Com's Answer #616702 by Fombitz(32388)\"\" \"About 
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Odds are given as outcomes for versus outcomes against the event.
\n" ); document.write( "So out of 100 (37+63), the horse finishes second 37 times.
\n" ); document.write( "\"P=37%2F100=0.37\"
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