In an amusement arcade there is a horse race with horses coloured red, yellow and green. Only one player can play this game at any time and the outcomes of each race are independent of previous races. You can either bet 10p or 20p. If you bet 10p then each horse is equally likely to win. If you bet 20p the corresponding probabilities are 50% (red), 30% (yellow) and 20% (green). Three times as many people bet 10p as do 20p. What is the probability a red horse wins? O 0.375 O 0.267 O 0.367 O 0.308

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 3ECP: You toss two six-sided dice. What is the probability that the total of the two dice is 5?
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In an amusement arcade there is a horse race with horses coloured red, yellow and green. Only one player can play this game at any time and the outcomes of each race are independent of
previous races. You can either bet 10p or 20p. If you bet 10p then each horse is equally likely to win. If you bet 20p the corresponding probabilities are 50% (red), 30% (yellow) and 20% (green).
Three times as many people bet 10p as do 20p. What is the probability a red horse wins?
0.375
0.267
0.367
0.308
Transcribed Image Text:In an amusement arcade there is a horse race with horses coloured red, yellow and green. Only one player can play this game at any time and the outcomes of each race are independent of previous races. You can either bet 10p or 20p. If you bet 10p then each horse is equally likely to win. If you bet 20p the corresponding probabilities are 50% (red), 30% (yellow) and 20% (green). Three times as many people bet 10p as do 20p. What is the probability a red horse wins? 0.375 0.267 0.367 0.308
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