Question
Recently, hockey experts are talking about the latest Stanley Cup odds for the 2021/22 season. The Colorado Avalanche (COL) and the Toronto Maple Leafs (TOR)
Recently, hockey experts are talking about the latest Stanley Cup odds for the 2021/22 season. The Colorado Avalanche (COL) and the Toronto Maple Leafs (TOR) are among the top five favorites after winning several of their outings. Suppose that COL and TOR are playing the Stanley CUP 2021/2022 finals. The first team to win four games wins the Stanley Cup. Suppose that team COL is the better team, in the sense that the probability is 0.65 that team COL will win any specific game. Assume also that the result of any game is independent of that of any other. Suppose that, each team wins two of the first four games. what is the probability that TOR will win the CUP?
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