SIG (Susquehanna)TraderAssistant TraderQuestion #14
You are a player on a basketball team that is losing by 2 points. You have the ball, and there are 3 seconds remaining. You have two options: pass to a teammate for a 3-point shot (with a 37% probability of making it and winning the game), or pass for a 2-point shot (with a 77% probability of making it and tying the game). In the event of a tie, your team goes to overtime, where there is a 50% chance of winning. What should you do, and why?
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