A Tennis Match Requires That a Player Win Three of Five

question 45

Multiple Choice

A tennis match requires that a player win three of five sets to win the match. If a player wins the first two sets, what is the probability that the player wins the match, assuming that each player is equally likely to win each match?

• A) 0.5
• B) ⅛ or 0.125
• C) ⅞ or 0.875
• D) Cannot be computed.

---

Definitions:

Net Present Value

A financial metric assessing the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows.

Customer Relationship

The interactions and engagement between a business and its customers, aiming to improve satisfaction, loyalty, and ultimately sales.

Direct Marketing

A type of advertising strategy that involves communicating directly with targeted customers through various channels to promote products or services.

Marketing Strategies

Approaches adopted by a company to attract customers, influence their preferences, and maintain customer loyalty towards their product or service.