How often will the team that begins at home win the series

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Question: The baseball World Series consists of up to seven games. The first team to win four games wins the series. The first two are played at one team's home ballpark, the next three at the other team's park, and the final two (if needed) are played back at the first park. Records over the past century show that there is a home field advantage; the home team has about a 55% chance of winning. Does the current system of alternating ballparks even out the home field advantage? How often will the team that begins at home win the series? Let's set up the simulation:

What is the response variable?

Reference no: EM131646779

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