According to Len Pasquarelli in the first 10 games of the 20

According to Len Pasquarelli, in the first 10 games of the 2004 professional football season in the United States, two-point conversions were successful 51.2% of the time. We can compare this rate with the historical success rate of extra-point kicks of 94%.

Solve using binomial probability function

a) Calculate the expected value of each strategy

b)over the long run, which strategy will maximize the number of points scored?

c) From this information, should a team always use only one startegy? Explain.

Solve using binomial probability function

Solution

According to Len Pasquarelli, in the first 10 games of the 2004 professional football season in the United States, two-point conversions were successful 51.2% of the the time. We can compare this rate with the historical success rate of extra-point kicks of 94%.

A) Calculate the expected value for each strategy.

B)Over the long run, which strategy will maximize the number of points scored?

C) From this information, should a team always use only one strategy? explain.