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2. (3POINTS) Refer to Figure 1 below. A) The axes have misleading labels. What are best labels to put on each axis? B) What is

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2. (3POINTS) Refer to Figure 1 below. A) The axes have misleading labels. What are best labels to put on each axis? B) What is the equation for the slope of the fair odds line AY/ AK C) Use this formula to draw fair odds lines for p=0.25 and for p=0.8. Vertical Axis Fair Odd: Line W-d Fair Odds Line W Horizgne peis -(1-P)/P

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