Construct and perform a Monte Carlo simulation of a horse race. You can be creative and use
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Construct and perform a Monte Carlo simulation of a horse race. You can be creative and use odds from the newspaper, or simulate the Mathematical Derby with the entries and odds shown in following table.
Construct and perform a Monte Carlo simulation of 1000 horse races. Which horse won the most races? Which horse won the fewest races? Do these results surprise you? Provide the tallies of how many races each horse won with your output.
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Related Book For
A First Course In Mathematical Modeling
ISBN: 9781285050904
5th Edition
Authors: Frank R. Giordano, William P. Fox, Steven B. Horton
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