The Indiana University basketball team trails by two points with eight seconds to go and has the ball. Should it attempt a two-point shot or a three-point shot? Assume that the Indiana shot will end the game and that no foul will occur on the shot. Assume that a three-point shot has a 30% chance of success, and a two-point shot has a 55% chance of success. Finally,assume that Indiana has a 55% chance of winning in overtime.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The Indiana University basketball team trails by two points with eight seconds to go and has the ball. Should it attempt a two-point shot or a three-point shot? Assume that the Indiana shot will end the game and that no foul will occur on the shot. Assume that a three-point shot has a 30% chance of success, and a two-point shot has a 55% chance of success. Finally,assume that Indiana has a 55% chance of winning in overtime.

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