You and a friend go to the racetrack. Your friend tells you the approximate odds against...

 

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You and a friend go to the racetrack. Your friend tells you the approximate odds against 5 horses competing in the next race: Horse Name Seattle Slew Man o' War Odds 4:1 7:3 17:3 13:2 9:1 Lost in the Fog Eclipse Sunday Silence. (a) What are the odds in favor of Eclipse winning the race? (b) For each of the 5 horses, determine the probability that it wins the race. (c) From your work in part (b), do you suspect that your friend forgot to tell you the odds for one of the horses? Explain. You and a friend go to the racetrack. Your friend tells you the approximate odds against 5 horses competing in the next race: Horse Name Seattle Slew Man o' War Odds 4:1 7:3 17:3 13:2 9:1 Lost in the Fog Eclipse Sunday Silence. (a) What are the odds in favor of Eclipse winning the race? (b) For each of the 5 horses, determine the probability that it wins the race. (c) From your work in part (b), do you suspect that your friend forgot to tell you the odds for one of the horses? Explain.

Answer rating: 100% (QA)

a For eclipse the odds of winning are 132 There are 13 ways for Eclipse to lose and 2 ways for eclip... View the full answer