The Yankees are playing the Dodgers in a world series. The Yankees
win each game with probability .6. What is the probability that the
Yankees win the series? (The series is won by the first team to win 4
games.)
There will be a total of 7 games in MLB world series and a team wins the series if it first wins 4 games of the series and also if a team wins the series without playing all the seven games then the leftover games are omitted.
Probability of Yankees winning a game = 0.6
Yankees will win the series if it wins 4 games in the played 4 games or 4 games in played 5 games or 4 games in played 6 games or 4 games in played 7 games
X be the number of games Yankees win in N games played
X follows a binomial distribution with parameters N and p = 0.6
Probability of Yankees winning the series = P(X=4;N=4) + P(X=4;N=5) + P(X=4;N=6) + P(X=4;N=7)
where x = 0,1,2,.....N
The probability that Yankees win the series = 0.99
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