Problem:
The Red Sox play the Yankees in a best-of-seven series that ends as soon as one team wins four games. Suppose that the probability that the Red Sox win Game is . What is the probability that the Red Sox will win the series?
Problem:
The Red Sox play the Yankees in a best-of-seven series that ends as soon as one team wins four games. Suppose that the probability that the Red Sox win Game is . What is the probability that the Red Sox will win the series?
Solution:
Note that if we imagine that the series always continues to seven games even after one team has won four, this will never change the winner of the series. Notice also that the probability that the Red Sox will win Game is precisely the probability that the Yankees will win Game . Therefore, the probability that the Yankees win at least four games is the same as the probability that the Red Sox win at least four games, namely .