26 Oct '12 15:35

At this posting, the Giants are up 2 - 0 in the World Series. Reports say that historically, the team that is up 2 - 0 has gone on to win the World Series 79% of the time.

Suppose that the games remaining to be played were decided by a 50 - 50 coin toss. If this were the case, what would be the probability that the Giants will win two of them before the Tigers win four of them? IOW, in this case, what would be the odds that the Giants would win the World Series? Please show your thinking.

Suppose that the games remaining to be played were decided by a 50 - 50 coin toss. If this were the case, what would be the probability that the Giants will win two of them before the Tigers win four of them? IOW, in this case, what would be the odds that the Giants would win the World Series? Please show your thinking.