Economics and Finance The Kentucky Derby is run every May at Churchill Downs. This extravagant affair features mint juleps and unusual woman's hats. The jockeys with the most Kentucky Derby mounts are given in the following table.
jockey
|
Mounts
|
Bill Shoemaker
|
26
|
Pat Day
|
22
|
Eddie Arcaro
|
21
|
Laffit Pincay Jr.
|
21
|
Suppose a random sample of two of these jockeys is selected at random without replacement.
a. Find the sampling distribution for the maximum number of mounts.
b. Find the sampling distribution for the total number of mounts.