The table below lists the frequency of wins for different post positions in the Kentucky Derby. Use
Question: The table below lists the frequency of wins for different post positions in the Kentucky Derby. Use a 0.05 significance level to rest the claim that the likelihood of winning is the same for the different post positions. Based on the results should bettors consider the post position of a horse racing in the Kentucky Derby?
Post Position | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
Wins | 19 | 14 | 11 | 15 | 14 | 7 | 8 | 12 | 5 | 11 |
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Solution: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document