You have a basketball hoop and someone says that you can play 1 of 2 games
Game 1: You get one shot to make the hoop
Game 2: You get three shots and you have to make 2 of 3 shots
If p is the probability of making a particular shot, for which values of p should you pick one game or the other?
|
0
![]() |
Game 1: total outcomes =2 favorable outcome 1 p=1/2=0.5 for making the shot
Reply 4Game 2: total outcome for 3 shots =6(3 Y,3 N) favorable=2 p=2/6=1/3=0.333
So we will go with the Game 1
In case of Game 1: The probability to make the hoop is p
Reply 3In case of Game 2: The probability to make 2 of 3 or 3 of 3 is p*p(1-p) + p*p*p = p*p < p
p*p < p so we select Game 1