Find probability that the lakers would win the game

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Reference no: EM131468697

Question: In Game 7 of the Boston Celtics-Los Angeles Lakers 2010 NBA finals, the Lakers were favored by seven points. By looking at past NBA games, you will find that bookmakers' forecasts are unbiased. In addition, the standard deviation of bookmaker forecasts in past NBA games is 12 points. Before the game, what would you have estimated as the probability that the Lakers would win the game?

Reference no: EM131468697

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