Alan Garole was a jockey at Saratoga Springs Raceway during the 7/23/08 to 9/1/08 season. He had
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a. the odds in favor of Alan Garole coming in first place during the 2009 racing season at Saratoga?
b. the probability of Alan Garole coming in first place during the 2009 racing season at Saratoga?
c. the odds in favor of Alan Garole placing (coming in first, second, or third) during the 2009 racing season at Saratoga?
d. the probability of Alan Garole placing during the 2009 racing season at Saratoga?
e. Based on the above statistics, should you bet that Alan Garole came in first or placed? Why?
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