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? A. Calculate the test​ statistic,χ2 χ2= ​(Round to three decimal places as​ needed.)   B. Calculate the​ P-value. ​P-value= ​(Round to four decimal places as​ needed.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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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?

A. Calculate the test​ statistic,χ2
χ2=
​(Round to three decimal places as​ needed.)
 
B. Calculate the​ P-value.
​P-value=
​(Round to four decimal places as​ needed.)
Post Position
Wins
1
19
2
13
3
11
46
16
5
15
6
7
7
61
9
8
11
9
4
10
12
Transcribed Image Text:Post Position Wins 1 19 2 13 3 11 46 16 5 15 6 7 7 61 9 8 11 9 4 10 12
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