Two individuals, \(A\) and \(B\), are finalists for a chess championship. They
will play a sequence of games, each of which can result in a win for
\(\mathrm{A}\), a win for \(\mathrm{B}\), or a draw. Suppose that the outcomes of
successive games are independent, with \(P(\) A wins game \()=.3, P(\) B wins game
\()=.2\), and \(P(\) draw \()=.5 .\) Each time a player wins a game, he earns 1
point and his opponent earns no points. The first player to win 5 points wins
the championship. For the sake of simplicity, assume that the championship
will end in a draw if both players obtain 5 points at the same time.
a. What is the probability that A wins the championship in just five games?
b. What is the probability that it takes just five games to obtain a champion?
c. If a draw earns a half-point for each player, describe how you would
perform a simulation to estimate \(P(\) A wins the championship).
d. If neither player earns any points from a draw, would the simulation in
Part (c) take longer to perform? Explain your reasoning.