Major League Baseballs World Series is a maximum of seven games, with the winner being the first
Question:
Major League Baseball’s World Series is a maximum of seven games, with the winner being the first team to win four games. Assume that the Atlanta Braves are in the World Series and that the first two games are to be played in Atlanta, the next three games at the opponent’s ballpark, and the last two games, if necessary, back in Atlanta. Taking into account the projected starting pitchers for each game and the home field advantage, the
probabilities of Atlanta winning each game are as follows:
a. Set up random number intervals that can be used to determine the winner of each game. Let the smaller random numbers indicate that Atlanta wins the game.For example, the random number interval “0.00 but less than 0.60” corresponds to Atlanta winning game 1.
b. Use the random numbers in column 6 of Table 16.2 beginning with 0.3813 to simulate the playing of the World Series. Do the Atlanta Braves win the series? How many games are played?
c. Discuss how repeated simulation trials could be used to estimate the overall probability of Atlanta winning the series as well as the most likely number of games in the series.
Step by Step Answer:
Quantitative Methods For Business
ISBN: 272
12th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam