Based on Morrison and Wheat (1984). When his team is behind late in the game, a hockey coach usually waits until there is one minute left before pulling the goalie. Actually, coaches should pull their goalies much sooner. Suppose that if both teams are at full strength, each team scores an average of 0.05 goal per minute. Also, suppose that if you pull your goalie, you score an average of 0.08 goal per minute and your opponent scores an average of 0.12 goal per minute.

Suppose you are one goal behind with 5 minutes left in the game. Consider the following two strategies:

■ Pull your goalie if you are behind at any point in the last 5 minutes of the game; put him back in if you tie the score.

■ Pull your goalie if you are behind at any point in the last minute of the game; put him back in if you tie the score.

Which strategy maximizes your chance of winning or tying the game? Simulate the game using 10-second increments of time. Use the @RISKBINOMIAL function to determine whether a team scores a goal in a given 10-second segment. This is reasonable because the probability of scoring two or more goals in a 10-

second period is near 0.