The table below lists the frequency of wins for different post positions in a horse race. A post position of 1 is closest to the inside rail, so that horse has the shortest distance to run. (Because the number of horses varies from year to year, only the first 10 post positions are included.) Use a 0.05 significance level to test the claim that the likelihood of winning is the same for the different post positions. Based on the result, should bettors consider the post position of a horse race? Post Position 1 2 3 4 5 6 8 9 10 Wins 19 14 10 14 14 9 12 6 10 .... Determine the null and alternative hypotheses. Ho: Calculate the test statistic, 2. x2 = (Round to three decimal places as needed.) Calculate the P-value. P-value = (Round to four decimal places as needed.) What is the conclusion for this hypothesis test? O A. Fail to reject Ho. There is insufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions. O B. Fail to reject Ho. There is sufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions.. OC. Reject Ho. There is sufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions. O D. Reject Ho. There is insufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions. Based on the result, should bettors consider the post position of a horse race? Yes No

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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The table below lists the frequency of wins for different post positions in a horse race. A post position of 1 is closest to the inside rail, so that horse has the shortest distance to run.
(Because the number of horses varies from year to year, only the first 10 post positions are included.) Use a 0.05 significance level to test the claim that the likelihood of winning is the
same for the different post positions. Based on the result, should bettors consider the post position of a horse race?
Post Position
1
3
4
5
6
7
8
10
Wins
19
14
10
14
14
8
9
12
6
10
Determine the null and alternative hypotheses.
Ho:
Calculate the test statistic, y.
x? =
(Round to three decimal places as needed.)
Calculate the P-value.
P-value =
(Round to four decimal places as needed.)
What is the conclusion for this hypothesis test?
A. Fail to reject Ho. There is insufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions.
B. Fail to reject Ho. There is sufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions...
C. Reject Ho. There is sufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions.
D. Reject Ho. There is insufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions.
Based on the result, should bettors consider the post position of a horse race?
Yes
No
Transcribed Image Text:The table below lists the frequency of wins for different post positions in a horse race. A post position of 1 is closest to the inside rail, so that horse has the shortest distance to run. (Because the number of horses varies from year to year, only the first 10 post positions are included.) Use a 0.05 significance level to test the claim that the likelihood of winning is the same for the different post positions. Based on the result, should bettors consider the post position of a horse race? Post Position 1 3 4 5 6 7 8 10 Wins 19 14 10 14 14 8 9 12 6 10 Determine the null and alternative hypotheses. Ho: Calculate the test statistic, y. x? = (Round to three decimal places as needed.) Calculate the P-value. P-value = (Round to four decimal places as needed.) What is the conclusion for this hypothesis test? A. Fail to reject Ho. There is insufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions. B. Fail to reject Ho. There is sufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions... C. Reject Ho. There is sufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions. D. Reject Ho. There is insufficient evidence to warrant rejection of the claim that the likelihood of winning is the same for the different post positions. Based on the result, should bettors consider the post position of a horse race? Yes No
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