![]() | Bovada is the only Internet casino endorsed by the Wizard. Here are my reasons why and my promise of support. |
Math question help!!!
| January 15th, 2012 at 10:06:11 AM permalink | |
| shaned9 Member since: Jan 15, 2012 Threads: 1 Posts: 2 | Hey there, I've tried but I cannot figure out this math question and I was hoping you could answer it for me. Hopefully you can and will help me. You have a 10 team league and all the teams are equal. The league has been around for 18 seasons. 1 team has won the league 10 of 18 seasons. What are the odds or probability of that happening? How many championships should each team have won if again they're all considered equal. My thoughts are the answer to the 2nd question is 1.8 times. But I'm really not terribly sure about any of this. Please help me. Thanks |
| January 15th, 2012 at 10:17:46 AM permalink | |
| thecesspit Member since: Apr 19, 2010 Threads: 38 Posts: 3101 | If all teams are equal, then each team should have a 10% shot of winning the league each season. Winning 10 out of 18 10% shots (exactly) is given by the binomial distribution equation. http://stattrek.com/tables/binomial.aspx For exactly 10 wins : 1.883638417518E-06 (which better written is) : 0.00000188 or 1 in 531,914. For 10 or more wins : 0.00000204 or 1 in 490,196 My suggestion would be that all teams are not exactly equal. (Edit : apologies, missing a 0 in my first answer, corrected the typo) "Then you can admire the real gambler, who has neither eaten, slept through nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire, for a coup at trente-et-quarante" - Honore de Balzac, 1829 |
| January 15th, 2012 at 10:22:37 AM permalink | |
| odiousgambit Member since: Nov 9, 2009 Threads: 172 Posts: 2394 | Assumption all along is that teams are assumed equal in talent, that someone winning is a random result, it seems. you don't have simplicity because it isn't about a team *never* winning or *always* winning. Someone will enlighten us. edit: Cesspit did. "Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." Mark Twain |
| January 15th, 2012 at 6:49:27 PM permalink | |
| robsanchez Member since: Jan 15, 2012 Threads: 0 Posts: 5 | This has to be an interesting thought about the calculations here. I just hoped that things would really work out well in the long run for this one. Have to really observe a lot of things while doing your sports betting. _________________________ Bet Online Sports Betting |
| January 15th, 2012 at 9:41:20 PM permalink | |
| boymimbo Member since: Nov 12, 2009 Threads: 12 Posts: 2533 | The probability of a team winning 10 times in 18 seasons is: 18! / (18-10)!10! * (0.1^10)*((0.9)^(18-10)) = .00000188364. And of course, if all teams are equal, each team should have won the championship 1.8 times. -----
You want the truth! You can't handle the truth! |
| January 19th, 2012 at 1:23:20 PM permalink | |
| shaned9 Member since: Jan 15, 2012 Threads: 1 Posts: 2 | I have a follow up question now. And thanks for your math skills. It is way beyond my scope. Same basic paremeters. 10 teams 18 seasons 6 teams make the playoffs each year 1 team has made the playoffs all 18 years All teams are assumed equal. What are the odds of that happening? Thanks. |
| January 19th, 2012 at 1:36:46 PM permalink | |
| rdw4potus Member since: Mar 11, 2010 Threads: 57 Posts: 1946 |
There's a 60% chance of making the playoffs each year? That'd make it .6^18=.0001016, or 1:9846. Why are we assuming all teams are equal? Among other things, that would seem to suggest that your league lacks the appropriate amount of smacktalk:-) "So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett |
![]() | Bovada is the only Internet casino endorsed by the Wizard. Here are my reasons why and my promise of support. |
