Twins_Round1 - L W WWLLW Twins Win in 5 0.0309 L W WLWLW...

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Assumptions * The results of each game are independent Game 1 Game 2 Game 3 0.70 W W W 0.70 W W L 0.70 W L W 0.70 L W W 0.70 W W L W L W W L L Series Results L W W L W L P(Twins Win Series) 0.837 L L W P(Twins Win in 3) 0.343 W W L P(Twins Win in 4) 0.309 W L W P(Twins Win in 5) 0.185 W L L L W W P(Twins Lose Series) 0.163 L W L P(Twins Lose in 3) 0.027 L L W P(Twins Lose in 4) 0.057 L L W P(Twins Lose in 5) 0.115 L W L W L L P(Game 5 is Played) 0.265 L L L Twins First-Round Playoff P STAT 3011, Universi * P(W 1 ) = Probability of Winning Game 1: * P(W 2 ) = Probability of Winning Game 2: * P(W 3 ) = Probability of Winning Game 3: * P(W 4 ) = Probability of Winning Game 4: * P(W 5 ) = Probability of Winning Game 5:
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Sample Space (S): Possible Series Outcomes Game 4 Game 5 Result in Words -- -- WWW Twins Win in 3 0.3430 W -- WWLW Twins Win in 4 0.1029 W -- WLWW Twins Win in 4 0.1029 W -- LWWW Twins Win in 4 0.1029
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Unformatted text preview: L W WWLLW Twins Win in 5 0.0309 L W WLWLW Twins Win in 5 0.0309 W W WLLWW Twins Win in 5 0.0309 L W LWWLW Twins Win in 5 0.0309 W W LWLWW Twins Win in 5 0.0309 W W LLWWW Twins Win in 5 0.0309 L L WWLLL Twins Lose in 5 0.0132 L L WLWLL Twins Lose in 5 0.0132 W L WLLWL Twins Lose in 5 0.0132 L L LWWLL Twins Lose in 5 0.0132 W L LWLWL Twins Lose in 5 0.0132 W L LLWWL Twins Lose in 5 0.0132 L--LLWL Twins Lose in 4 0.0189 L--LWLL Twins Lose in 4 0.0189 L--WLLL Twins Lose in 4 0.0189----LLL Twins Lose in 3 0.0270 Total Probability: 1.0000 Probabilities Calculator ity of Minnesota Result Using Notation from Class Probability (under assumptions in blue box)...
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This note was uploaded on 04/28/2011 for the course ECON 12421 taught by Professor Hogan during the Spring '10 term at University of Michigan.

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Twins_Round1 - L W WWLLW Twins Win in 5 0.0309 L W WLWLW...

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