The Kentucky Derby is perhaps the premier event in U.S. horse racing. For each of the following examples from the derby,

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answerhappygod
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The Kentucky Derby is perhaps the premier event in U.S. horse racing. For each of the following examples from the derby,

Post by answerhappygod »

The Kentucky Derby is perhaps the premier event in U.S. horse
racing. For each of the following examples from the derby, identify
the type of variable—nominal, ordinal, or scale (nominal or
ratio).
a) As racing fans, we would be very interested in
the variable finishing position. One year, a horse called Orb won,
followed by Golden Soul in second, and Revolutionary in third
b) We also might be interested in the variable
finishing time. Orb won in 2 minutes, 2.89 seconds
c) Derby attendance was 151,616 the year that Orb
won, not as high as the record of 165,307 people.
d) If we were the betting type, we might examine
the variable payoffs. For each $2.00 bet on Orb, a gambler won
$12.80.
e) We might be interested in the history of the
derby and the demographic variables of jockeys, such as gender or
race. For example, in the first 28 runnings of the Kentucky Derby,
15 of the winning jockeys were African American.
f) In the luxury boxes, high fashion reigns; we
might be curious about the variable of hat wearing, observing how
many women wear hats and how many do not.
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