I am Pat, Good Legs Lance, and Colorado Bronze are horses in a horse race. Their probabilities of winning the race are as follows:
\text{P(I Am Pat wins}) = \dfrac{3}{10}P(I Am Pat wins)=
10
3
start text, P, left parenthesis, I, space, A, m, space, P, a, t, space, w, i, n, s, end text, right parenthesis, equals, start fraction, 3, divided by, 10, end fraction
\text{P(Good Legs Lance wins}) = 0.6P(Good Legs Lance wins)=0.6start text, P, left parenthesis, G, o, o, d, space, L, e, g, s, space, L, a, n, c, e, space, w, i, n, s, end text, right parenthesis, equals, 0, point, 6
\text{P(Colorado Bronze wins}) = 10\%P(Colorado Bronze wins)=10%