Rasmussen College Applying Counting Principles and Analyzing Binomial Distributions InstructionsYou 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.What to SubmitTo complete this assignment, you must first download the word document.
Your step-by-step breakdown of the problems,
including explanations, should be present within the word document
provided. If you use Excel for any of your calculations that file must
also be included in the drop box. 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 upcoming season.
Enter your step-by-step answer and explanations here.
2. Using the information from number 1, determine the probability that the team will win
exactly 100 games in the upcoming season.
Enter your step-by-step answer and explanations here.
3. Using the information from number 1, determine the probability of the team winning at
least 100 games in the upcoming season.
Enter your step-by-step answer and explanations here.
4. Using the information from number 1, determine the probability of the team winning
less than 100 games.
Enter your step-by-step answer and explanations here.
5. Working in parallel with you, a coworker found the probability of the team winning less
than 100 games to be 80.96%. Do these results match yours? If not, identify the error
that was made.
Enter your step-by-step answer and explanations here.
6. What assumptions must be made in this scenario that allow us to use a binomial
distribution? What are some possible reasons why a binomial distribution may not
accurately represent the scenario?
Enter your step-by-step answer and explanations here.
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