The indianapolis colts and the new england patriots

Assignment Help Accounting Basics
Reference no: EM131105955

The ending of the game between the Indianapolis Colts and the New England Patriots (NFL teams) in Fall 2009 was quite controversial. With about two minutes left in the game, the Patriots were ahead 34 to 28 and had the ball on their own 28-yard line with fourth down and two yards to go. Their coach, Bill Belichick, decided to go for the first down rather than punt, contrary to conventional wisdom. They didn't make the first down, so that possession went to the Colts, who then scored a touchdown to win by a point. Belichick was harshly criticized by most of the media, but was his unorthodox decision really a bad one?

a. Use a decision tree to analyze the problem. You can make some simplifying decisions: (1) the game would essentially be over if the Patriots made a first down, and (2) at most one score would occur after a punt or a failed first down attempt. (Note that there are no monetary values. However, you can assume the Patriots receive $1 for a win and $0 for a loss, so that maximizing EMV is equivalent to maximizing the probability that the Patriots win.)

b. Show that the Patriots should go for the first down if p > 1 - q/r. Here, p is the probability the Patriots make the first down, q is the probability the Colts score a touchdown after a punt, and r is the probability the Colts score a touchdown after the Patriots fail to make a first down. What are your best guesses for these three probabilities? Based on them, was Belichick's decision a good one?

Reference no: EM131105955

Assets distributions to owners expenses liabilities

Assets Distributions to owners Expenses Liabilities Comprehensive income Gains Equity Revenues Losses-Investments by owners Instructions Identify the element or elements ass

Determine the due date and the amount of interest

Determine the due date and the amount of interest due at maturity on the following notes: Oct. 1 fee amount 10,500, interest rate 8%, and term of the note is 60 days, Aug. 3

A customer spend at the restaurant

A fast-food restaurant has one drive-through window. On average, 40 customers arrive per hour at the window. It takes an average of one minute to serve a customer. Assume th

Determining the operating income

Kaiser's Kraft Korner sells a single product. 7,000 units were sold resulting in £70,000 of sales revenue, £28,000 of variable costs, and £12,000 of fixed costs. The number

Large real estate transactions

Arthur Young was criticized for not encouraging Lincoln to invoke the substance-over-form principle when accounting for its large real estate transactions.

Discuss how the provision for income taxes

Discuss generally how revenue should be recognized at interim dates and specifically how revenue should be recognized for industries subject to large seasonal fluctuations i

Techniques in business and economics

A rug manufacturer has decided to use 7 compatible colors in her rugs. However, in weaving a rug, only 5 spindles can be used. In advertising, the rug manufacturer wants to

How much will ali need in his retirement account

Ali has estimated that he is going to need enough in his retirement fund to withdraw $75,000 per year beginning on his 66th birthday and for 19 additional years thereafter.


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd