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August 21, 2014

Homework Help: Statistics 250

Posted by Alica on Thursday, March 18, 2010 at 4:48am.

The NCAA men's basketball season starts with 327 college teams all dreaming of making it to "the big dance" and attaining the National Championship. Sixty-four teams are selected for the tournament, and only one wins it all. (Assume that every team has an equal chance.)
(a) What are the odds against a team being selected for the tournament?


(b) What are the odds of a team that is in the tournament winning the National Championship?

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