# Question: Each year the Website espn go com nba hollinger playoffodds displays the probabilities of professio

Each year, the Website espn.go.com/nba/hollinger/playoffodds displays the probabilities of professional basketball teams achieving certain goals. For example, at the end of the 2009–2010 regular season, the site listed the following probabilities (expressed as percentages) of each of the 16 playoff teams winning the NBA Championship. (Note that the site uses the term odds to represent in this context a probability.)

The Web site explains that a “computer plays out the remainder of the season 5000 times to see the potential range of projected outcomes.”

a. Note the sum of the probabilities for the 16 teams is 99.9. Why do you think the sum differs from 100?

b. Interpret Orlando’s probability of 29.5%, which was calculated from the 5000 simulations. Is it based on the relative frequency or the subjective interpretation of probability?

The Web site explains that a “computer plays out the remainder of the season 5000 times to see the potential range of projected outcomes.”

a. Note the sum of the probabilities for the 16 teams is 99.9. Why do you think the sum differs from 100?

b. Interpret Orlando’s probability of 29.5%, which was calculated from the 5000 simulations. Is it based on the relative frequency or the subjective interpretation of probability?

**View Solution:**## Answer to relevant Questions

The Augusta National Golf Course in Augusta, Georgia hosts the Masters Tournament each April. The course consists of four par 3s, ten par 4s, and four par 5s. The par 4s and par 5s are long enough so that no golfer has a ...Breast cancer is the most common form of cancer in women, affecting about 10% of women at some time in their lives. There is about a 1% chance of having breast cancer at a given time (that is, P(S) = 0.01 for the state of ...In Example 16, we estimated the probability of winning at least $20 in the game was 0.40. Meanwhile, we concluded analytically that the actual probability was 0.20. a. Explain what caused the fairly large disparity between ...Three 15-year-old friends with no particular background in driver’s education decide to take the written part of the Georgia Driver’s Exam. Each exam was graded as a pass (P) or a failure (F). a. How many outcomes are ...Consider a game in which you roll two dice, and you win if the total is 7 or 11 and you lose if the total is 2, 3, or 12. You keep rolling until one of these totals occurs. Using conditional probability, find the probability ...Post your question