Imagine you are betting on a horse race. Say you bet on horse #3 to win first place and horse #12 to win second place. If there are 20 horses in the race, what is the probability of you winning with your current bet? Imagine the same scenario, but you bet on horse #3 to win first place, horse #8 to win second place, and horse #12 to win third place. What is the probability of winning with this bet?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Imagine you are betting on a horse race. Say you bet on horse #3 to win first place and horse #12 to win second place. If there are 20 horses in the race, what is the probability of you winning with your current bet?

Imagine the same scenario, but you bet on horse #3 to win first place, horse #8 to win second place, and horse #12 to win third place. What is the probability of winning with this bet?

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