The probability is about 067 that the favorite in a horse ra
The probability is about 0.67 that the favorite in a horse race will finish in the money (first, second, or third place). Let X be the number of times the favorite finishes in the money in the next five races. What is the name of the distribution of X? Use random variable notation to represent each of the following events (for parts (b) - (d)) to express probability statements). In the next five races, what is the probability that the favorite finishes in the money Exactly twice Exactly fourtimes
Solution
yes its is asking the type of distribution and it is binomial type of distribution.
as the same even is repeating 5 number of times.
