A horse-racing fan is contemplating the many different outcomes in an eight-horse race. a. How many different
Question:
a. How many different combinations are possible if only the first three places (first, second, and third) are considered?
b. If each of the combinations in part a is equally likely, what is the probability of selecting the winning combination?
c. How many different rankings are possible if only the first three places are considered?
d. If each of the rankings in part c is equally likely, what is the probability of selecting the winning ranking?
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Related Book For 
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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