I tried doing this question using a tree diagram like in a text book but it seemed to confuse me more. If anyone could even give me the first step or point me in the right direction I would be very grateful.
The Blue Jays are leading the Yankees one game to none in a best-of-five playoff series. After a win, the probability of Blue Jays winning is 60%, while after a loss their probability of winning drops by 5%. The first team to win three games take the series. Assume that there are no ties. What is the probability of the Yankees coming back to win the series?
The Blue Jays are leading the Yankees one game to none in a best-of-five playoff series. After a win, the probability of Blue Jays winning is 60%, while after a loss their probability of winning drops by 5%. The first team to win three games take the series. Assume that there are no ties. What is the probability of the Yankees coming back to win the series?