In: Statistics and Probability
What college basketball conferences have the higher probability of having a team play in college basketball's national championship game? Over the last 20 years, Conference A ranks first by having a team in the championship game 11 times. Conference B ranks second by having a team in the championship game 8 times. However, these two conferences have both had teams in the championship game only one time. Use these data to estimate the following probabilities.
(a)
What is the probability that Conference A will have a team in the championship game?
(b)
What is the probability that Conference B will have a team in the championship game?
(c)
What is the probability that Conference A and Conference B will both have teams in the championship game?
(d)
What is the probability at least one team from these two conferences will be in the championship game? That is, what is the probability a team from Conference A or Conference B will play in the championship game?
(e)
What is the probability that the championship game will not a have team from one of these two conferences?