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| Teaching Since: | Apr 2017 |
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MSC,MBA(IT)
Standford
Jun-1997 - Sep-2000
IT Manager
Honeywell
Aug-2001 - Present
Off to the races. Suppose Mike places three separate bets on three separate horse races at three separate tracks. Each bet is for a specific horse to win. His horse in race 1 wins with probability 1/5. His horse in race 2 wins with probability 2/5. His horse in race 3 wins with probability 3/5. What is the probability that he made the correct bet in exactly one of these three races?
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