QI. Prior to the start of the 2016 NCAA Men’s Basketball playoffs, the reported odds that Butler University would not make it to the final game were 133 to 1. What was the implied probability that Bu

QI. Prior to the start of the 2016 NCAA Men’s Basketball playoffs, the reported odds that Butler University would not make it to the final game were 133 to 1.What was the implied probability that Butler would make it to the finals in 2016? (Round your answer to 3 decimal places.)