The kentucky Derby is held the first Saturday in May at Chur

The kentucky Derby is held the first Saturday in May at Churchill Downs in Louis ville track is one and one- quarter miles. The following table shows the winners since 1990, their margin of victory the winning time, and the pay off on a $ 2 bot.

Solution

a)

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Variables

Winning time

Pay off

Mean

2.03488

26.19583

Median

2.03899

11.9

b)

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Variables

Winning time

Pay off

Range

0.06897

117.40

Variance

0.000515229373913

905.022155797

Standard deviation

0.0226986

30.08358615

***	Variables Winning time	Pay off
Mean	2.03488	26.19583
Median	2.03899	11.9