Statistics (12th Edition)

Published by Pearson
ISBN 10: 0321755936
ISBN 13: 978-0-32175-593-3

Chapter 3 - Probability - Supplementary Exercises 3.154 - 3.199 - Applying the Concepts - Advanced - Page 175: 3.189c

Answer

$P$( Smarty Jones to win) = $2/(2+3)$ = $0.4$%

Work Step by Step

Odds against Smarty Jones = 3 to 2 Therefore, odds in favor of Smarty Jones = 2 to 3 $P$( Smarty Jones to win) = $2/(2+3)$ = $0.4$%
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.