The Kentucky Derby is held the first Saturday in May at Churchill Downs in Louis
ID: 3199963 • Letter: T
Question
The Kentucky Derby is held the first Saturday in May at Churchill Downs in Louisville, Kentucky. The race track is one and one-quarter miles. The following table shows the winners since 1990, their margin of victory, the winning time, and the payoff on a $2 bet. Determine the mean and median for the variables winning time and payoff on a $2 bet. (Round your winning time mean and median to 4 decimal places and Payoff answers to 2 decimal places Determine the range and standard deviation of the variables winning time and payoff on a $2 bet. (Round your winning time range and standard deviation to 4 decimal places and Payoff answers to 2 decimal places.)Explanation / Answer
Rcode:
> x<-c(2.05996,2.03700,2.01789,2.03305,2.04585,2.05929,2.00436,2.07361,2.00409,2.02294,2.02887,2.01765,2.05908,2.00545,1.99902,2.03674,2.00633,2.04309,2.04533,2.07210,2.06084,2.03757,2.01675,2.05451)
> y<-c(12.10,5.90,7.70,9.80,52.00,5.70,4.80,8.50,4.50,30.50,53.80,4.90,12.30,10.30,7.70,8.80,117.10,118.90,21.50,21.80,29.60,44.00,31.80,10.60)
> round(mean(x),2)
[1] 2.04
> round(median(x),2)
[1] 2.04
> round(mean(y),2)
[1] 26.44
> round(median(y),2)
[1] 11.35
> round(range(x),2)
[1] 2.00 2.07
> round(sd(x),2)
[1] 0.02
> round(range(y),2)
[1] 4.5 118.9
> round(sd(y),2)
[1] 31.88
Answer:
Mean:2.04,26.44
Median:2.04,11.35
Range:(2.00,2.07),(4.5,118.9)
SD:0.02,31.88
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