Trinomial trees, Markov chains, and qualifying odds for the World Cup
Markov Processes, Monte Carlo SimulationsI have a couple of posts in the pipeline for my other website that explore a hypothetical merger between CONCACAF and CONMEBOL, and I started thinking about the probability of Caribbean countries qualifying for the World Cup from CONCACAF and how that might change in a larger 50-team region. (With 30 associations, the Caribbean countries […]