19. A new spaper article preceding the 1994 World Cup semifinal match between Italy and Bulgaria stated
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19. A new spaper 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 = 1.1 and the odds that Bulgana wins are 3/10 = 3. Find the probability that each team wins, and comment.
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Related Book For
Statistical Methods For The Social Sciences
ISBN: 9780135265260
3rd Edition
Authors: Alan Agresti, Barbara Finlay
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