The Kentucky Derby is held the first Saturday n May at Churchill Downs in Louisv

Question

The Kentucky Derby is held the first Saturday n May at Churchill Downs in Louisvile 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 $2 engthe minuted Win 01490 7.60 Strike the b25 205388 75 201280 Sea Hero 275 202068 Go For Gin 2.50 2.05102 Thunder .00 04979 70 994 06292 02223 10 199 Real Quiet 50 202434 Fusaichi 1.30 03820 2001 Monarchos 4.50 | 274 War Funny Cide 2.75 206820 Smarty 7.50 2.50 2.02691 00s Glacomo 5 200Barbaro825 2 02273 3.00 20314 Big Brown 4.00 2.00728 Street 20 Mine That 2 3436 10 75 1.99960 5.40 204523 Have .50 207234 Another 04203 1450 13 Orb

Explanation / Answer

Winning team :

Mean = 2.03697

Median = 2.03047

Range = 2.07417 - 1.9995 =0.07467

S.D. = 0.0181

Payoff on a $2 bet :

Mean = $18.72

Median = $10.65

Range = 103.20 - 2.30 = 100.9

S.D. = $22.79

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