Twenty horses ran in the 2016 Kentucky Derby. The Trifecta bet involves picking the first three finishers in order. Determine the number of outcomes for three horses finishing in the first three spots and the probability of winning the Trifecta bet if you pick the horses at random.

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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Twenty horses ran in the 2016 Kentucky Derby. The Trifecta bet involves picking the first three finishers in order. Determine the number of outcomes for three horses finishing in the first three spots and the probability of winning the Trifecta bet if you pick the horses at random.
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