Jim is at the racetrack and has bet on his favorite horse. At post time, the odds in favor of his horse winning were 5:7. What is the probability ratio for Jim's horse to win? 5 over 7 7 over 12 1 fifth 5 over 12

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Jim is at the racetrack and has bet on his favorite horse. At post time, the odds in favor of his horse winning were 5:7. The probability ratio for Jim's horse to win: 5/12.

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