Probability

Question

If a jockey with a strike rate of 14% has 4 rides at a meeting, what is the probability that the jockey will ride 1 winner?

This is without taking the odds into account.

Please provide your answer as a percentage.

Answer 1

If a strike rate means winning..

And if they want 1 winner instead of at least 1 winner...

 

This is a binomial problem.

 

n= 4

p = 0.14

x = 1

 

₄C₁ (0.14)¹(1- 0.14)³

 

I hope this helps!