In a horse race, give that the proportion of first class horses in each race was 5% and the probability for a first dass horse to win first place (champion) is 0.8. What is the probability for a first class horse to win champion if there is total 50 horses in next race.

MATLAB: An Introduction with Applications
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In a horse race, give that the proportion of first class horses in each race was 5% and the probability for
a first class horse to win first place (champion) is 0.8. What is the probability for a first class horse to win
champion if there is total 50 horses in next race
Transcribed Image Text:In a horse race, give that the proportion of first class horses in each race was 5% and the probability for a first class horse to win first place (champion) is 0.8. What is the probability for a first class horse to win champion if there is total 50 horses in next race
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