a. As racing fans, we would be very interested in the variable finishing position. One year, a
Question:
a. As racing fans, we would be very interested in the variable finishing position. One year, a horse called Orb won, followed by Golden Soul in second and Revolutionary in third.
b. We also might be interested in the variable finishing time. Orb won in 2 minutes, 2.89 seconds.
c. Derby attendance was 151,616 the year that Orb won, not as high as the record of 165,307 people.
d. If we were the betting type, we might examine the variable payoffs. For each $2.00 bet on Orb, a gambler won $12.80.
e. We might be interested in the history of the derby and the demographic variables of jockeys, such as gender or race. For example, in the first 28 runnings of the Kentucky Derby, 15 of the winning jockeys were African American.
f. In the luxury boxes, high fashion reigns; we might be curious about the variable of hat wearing, observing how many women wear hats and how many do not.
Step by Step Answer:
Statistics For The Behavioral Sciences
ISBN: 9781319190743
5th Edition
Authors: Susan A. Nolan, Thomas Heinzen