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Find the probability that each team wins

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Reference no: EM131680162

Question: A newspaper article preceding the 1994 World Cup semifinal match between Italy and Bulgaria stated that "Italy is favored 10-11 to beat Bulgaria, which is rated at 10-3 to reach the final." Suppose this means that the odds that Italy wins are 11/10 and the odds that Bulgaria wins are 3/10. Find the probability that each team wins, and comment.

Reference no: EM131680162

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