2007 iTest Problems/Problem 12
This problem is phrased oddly, leading to the non-standard result of instead of the standard .
Label the teams A,B. If A wins the series, it necessarily wins the game. A three game series with A winning occurs 1 way (AAA), a four game series occurs ways (AABA,ABAA,BAAA), and a five game tournament occurs ways (AABBA,ABABA,BAABA,ABBAA,BABAA,BBAAA). These series occur in the proportions 1:3:6. The problem is phrased to imply that the actual probabilities occur in these proportions as well - leading to an expected value of . This assumption leads to the events (AAA) or (BBB) occurring with Which requires each game to be correlated with the previous one (i.e. A is less likely to win a game if it won the previous game).
A more standard approach would be to assume the games are uncorrelated and that each team is equally likely to win.
Then the probabilities would occur in the proportions
or .
These probabilities would imply that A wins the series with probability
,
and an expected value for the losing team of .