Statistical Software Assignment
- Country :
Australia
Monte Carlo Exercise
Consider a Baseball World Series (best of 7 game series) in which team A theoretically has a 0.75 chance of winning each game against team B. Games are considered independent. Simulate the probability that team A would win a World Series against team B by simulating 1000 World Series. You many use any software to conduct the simulation. This is easily derived from a binomial or negative binomial distribution, but I would like you to simulate it on a game x game basis. You may recognize that winning 4 in 4, 5, 6, or 7 games is equivalent to winning at least 4 in 7 games.
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