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Part 1

For a certain

horse race comma the odds in favor of a certain horse finishing in second placehorserace,theoddsinfavorofacertainhorsefinishinginsecondplace

are given as

2121

to

7979.

Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive.

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Part 1

The probability is

enter your response here.

(Round to two decimal places as needed.)