You have just been hired by G&B consulting and given your first assignment. A local independently wealthy citizen who happens to enjoy both gambling and baseball, but not math, has asked you to help him determine the likelihood of some different outcomes for the upcoming season.
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Deliverable 02 – Worksheet
Your client is going to be travelling to Las Vegas in the near future and he wants to place some bets on
his favorite professional baseball team. To ensure he knows the odds on his bets he wants to know the
probability of certain scenarios occurring.
1. Knowing that the team has won an average of 95 games over the past three seasons and that there
are 162 games in a season, estimate the probability of the team winning any single game in the
Enter your step-by-step answer and explanations here.
95/162 = 0.5864
Based on past performance the probability of winning any game during the season is
2. Using the information from number 1, determine the probability that the team will win ...