Your favorite horse, “Ocean Cracker” has already won the Kentucky Derby, the Preakness, and is the f


Question: Your favorite horse, “Ocean Cracker” has already won the Kentucky Derby, the Preakness, and is the favorite in the Belmont Stakes. Based on the bets that are already in, the odds against “Ocean Cracker” are 6 to 1.

a) What is the probability of your horse taking the triple crown? (wins all 3)

b) If you bet $25 on him, how much money will you have (original bet and winnings)?

Price: $2.99
Solution: The downloadable solution consists of 1 page
Deliverables: Word Document

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