There are still 10 matches to be played by Liverpool, Arsenal and Manchester City. If it weren't for Liverpool having a player on the injury list, it might be because Liverpool would be facing a team that is weaker in quality. If you really consider this, I think it could be the reason they are more favored to win the EPL title.
Rather than Liverpool or Manchester City, I want Arsenal to win the EPL title this season to break the curse of never lifting the EPL trophy for a very long time. So with Arteta as Arsenal coach, let Arsenal party even though in the remaining 10 matches Arsenal will face a team that might be considered stronger.
And Kloop has been able to overcome this problem so far, so I won't underestimate Liverpool in the title race even though many of their main players are injured.
Everyone's desires will be different, but I think it will be very difficult for Arsenal to win the Premier League this season, even in percentage terms, between Liverpool and Man City, I put Arsenal at the bottom of the list.
My reason is quite simple, this team hasn't had a good mentality since last season and I don't think Arteta has been able to fix that this season.