Solved: In Exercises 520, conduct the hypothesis test and

Chapter 11, Problem 13

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In Exercises 520, conduct the hypothesis test and provide the test statistic, critical value,and/or P-value, and state the conclusion. kentucky Derby The table below lists the frequency of wins for different post positions inthe Kentucky Derby horse race (current as of this writing). A post position of 1 is closest to theinside rail, so that horse has the shortest distance to run. (Because the number of horses variesfrom year to year, only the first 10 post positions are included.) Use a 0.05 significance level totest the claim that the likelihood of winning is the same for the different post positions. Basedon the result, should bettors consider the post position of a horse racing in the Kentucky Derby? Post Position 1 2 3 4 5 6 7 8 9 10Wins 19 14 11 15 14 7 8 12 5 11

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