Problem
The odds of winning a game are given as 1:25. What is the probability that you will win this game? What is the probability that you will lose this game? In your follow-up replies, consider which number in the odds ratio needs to change and how it needs to change in order to increase the probability of winning.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.