The answer is indeed 40 K.
Answer:
5 is the leading coefficient
Answer:
P( top two horses are predicted incorrectly in incorrect order)
= 
Step-by-step explanation:
In the horse race the outcome can be predicted in 5! = 120 ways.
Now suppose the top two horses were predicted incorrectly in incorrect order. Now, the top horse can be predicted incorrectly in 4 ways.
Suppose the top horse was predicted to be in k-th position where k = 2, 3 ,4,5
so the second horse can be predicted to be in place from 1 to (k - 1)
So, the top two horses can be predicted incorrectly in incorrect order
in
= 10 ways
and for each prediction of the two the remaining horses may be predicted in 3! = 6 ways.
Hence ,
P( top two horses are predicted incorrectly in incorrect order)
= 
=
Answer:

p-value: 0.0367
Decision: Reject H₀
Step-by-step explanation:
Hello!
Hypothesis to test:
H₀:ρ₁-ρ₂=0
H₁:ρ₁-ρ₂>0
The statistic to use to test the difference between two population proportions is the approximation of Z
Z=<u> (^ρ₁-^ρ₂)-(ρ₁-ρ₂) </u> ≈N(0;1)
√ (<u>^ρ₁(1-^ρ₁))/n₁)+(^ρ₂(1-^ρ₂)/n₂))</u>
Z=<u> (0.28-0.15)-0 </u>= 1.79
√ (<u>0.28(1-0.28)/200)+(0.15(1-0.15)/300)</u>
p-value
Remember: The p-value is defined as the probability corresponding to the calculated statistic if possible under the null hypothesis (i.e. the probability of obtaining a value as extreme as the value of the statistic under the null hypothesis).
P(Z>1.79)= 0.0367
Conclusion:
Comparing the p-value against the significance level, you can decide to reject the null hypothesis.
I hope you have a SUPER day!