Ncaa basketball tournament probabilities

Assignment Help Basic Statistics

Reference no: EM13102005

NCAA Basketball Tournament. Each year, 64 college basketball teams compete in the NCAA tournament. Sandbox.com recently offered a prize of $10 million to anyone who could correctly pick the winner in each of the tournament games. The president of that company also promised that, in addition to the cash prize, he would eat a bucket of worms. Yuck.

A. How many games are required to get one championship team from the field of 64 teams?

B. If someone makes random guesses for each game of the tournament, find the probability of picking the winner in each game.

C. In an article about the $10 million prize, The New York Times wrote that "Even a college basketball expert who can pick games at a 70 percent clip has a 1 in _____ chance of getting all the games right." Fill in the blank.

Reference no: EM13102005

Questions Cloud

Discrete-continuous probability distribution : Give an example representing a discrete probability distribution and a continuous probability distribution. Explain why your choice is discrete and continuous.

What is the difference between the acceleration of his head : What is the difference between the acceleration of his head and feet if the astronaut is 2.00 m tall.

Clarification of probabilities : A new product has the following profit projections, associated probabilities, and indifference probability:

Assuming that the mass of the planet is distributed : Assuming that the mass of the planet is distributed with spherical symmetry, what is its mass.

Ncaa basketball tournament probabilities : NCAA Basketball Tournament. Each year, 64 college basketball teams compete in the NCAA tournament. Sandbox.com recently offered a prize of $10 million to anyone who could correctly pick the winner in each of the tournament games.

What is the resultant vector : What is the resultant vector, R, obtained by adding vectors C and D? Express the magnitude to three significant figures. Express the angle to one decimal place.

Determine the constants ro and b : the data represents the resistance R of a thermistor in Ohms as a function of tempeature T in kelvin make a graph of the natural logarithm of the resistance ln(R) versus the inverse of the temperature, 1/T and determine the constants Ro and B in R..

Create a portfolio : You need to create a portfolio with a duration of 6 years. You can use a 3 year zero-coupon bond and a perpetuity which pays $80 each and every year forever and has yield of 10%. how much of the porfolio value in percentage you would have to invest i..

Explain a court settlement awarded an accident victim : A court settlement awarded an accident victim four payments of $50,000 to be paid at the end of each of the next four years. Utilization a discount rate of 4%, compute the present value of the annuity.

User Account

All Pages