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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 the same for the different post positions. Based on the result, should bettors consider the post position of a horse race? Post Position Wins Determine the null and alternative hypotheses. Ho: H₂: O No O Yes 19 (Round to four decimal places as needed.) 15 Calculate the test statistic, ². x² = (Round to three decimal places as needed.) Calculate the P-value. P-value = What is the conclusion for this hypothesis test? O A. 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. OB. 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. 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 D. 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. Based on the result, should bettors consider the post position of a horse race? 12 14 8 11 10 12 D

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 the same for the different post positions. Based on the result, should bettors consider the post position of a horse race? Post Position Wins Determine the null and alternative hypotheses. Ho: H₂: O No O Yes 19 (Round to four decimal places as needed.) 15 Calculate the test statistic, ². x² = (Round to three decimal places as needed.) Calculate the P-value. P-value = What is the conclusion for this hypothesis test? O A. 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. OB. 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. 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 D. 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. Based on the result, should bettors consider the post position of a horse race? 12 14 8 11 10 12 D

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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 Wins Determine the null and alternative hypotheses. H₂: H₂₁: Calculate the test statistic, ². x² = (Round to three decimal places as needed.) Calculate the P-value. (Round to four decimal places as needed.) O No O Yes 1 19 2 15 3 12 4 14 C 5 15 P-value = What is the conclusion for this hypothesis test? O A. 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. O C. 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.. 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 D. 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. Based on the result, should bettors consider the post position of a horse race? 6 6 9 8 11 9 4 10 12 n
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 Wins Determine the null and alternative hypotheses. H₂: H₂₁: Calculate the test statistic, ². x² = (Round to three decimal places as needed.) Calculate the P-value. (Round to four decimal places as needed.) O No O Yes 1 19 2 15 3 12 4 14 C 5 15 P-value = What is the conclusion for this hypothesis test? O A. 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. O C. 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.. 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 D. 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. Based on the result, should bettors consider the post position of a horse race? 6 6 9 8 11 9 4 10 12 n
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