1)
a) Last year, the Toronto Maple Leafs won 46 games. Calculate the probability that, over an 82 game season, an average strength team (p=0.5) wins 46 games or more.
b) Calculate the probability for an average team (p=0.5) to win 9 games in a row.
c) Last year, the team lost 21 out of 26 games. Calculate the probability for an average team (p=0.5) to win 5 games or less out of 26 games.
Please include all the necessary equations as I need to code this.
a) Last year, the Toronto Maple Leafs won 46 games. Calculate the probability that, over an 82 game season, an average strength team (p=0.5) wins 46 games or more.
Let X = total number of win
p = probability of winning of the average team = 0.5
n = total number of games = 82
Here we want to find P(X >= 46) = 1 - P(X <= 45) ......( 1 )
Let's use binomial distribution in excel:
P(X <= 45) = "=BINOMDIST(45,82,0.5,1)" = 0.8399
P(X >= 46) = 1 - 0.8399 = 0.1601
b) Calculate the probability for an average team (p=0.5) to win 9 games in a row.
p^n = 0.59 = 0.001953
c) Last year, the team lost 21 out of 26 games. Calculate the probability for an average team (p=0.5) to win 5 games or less out of 26 games.
Here n = 26, p = 0.5
and we want to find p( X <= 5) = "=BINOMDIST(5,26,0.5,1)" = 0.0012
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