A basketball team is down by 2 points with only a few seconds remaining in the game. There’s a 50% chance that the team will be able to make a 2-point shot and tie the game, compared to a 30% chance...

A basketball team is down by 2 points with only a few seconds remaining in the game. There’s a 50% chance that the team will be able to make a 2-point shot and tie the game, compared to a 30% chance that it will make a 3-point shot and win. If the game ends in a tie, the game continues to overtime. In overtime, the team has a 50% chance of winning. What should the coach do, go for the 2-point shot or the 3-point shot? Be sure to identify any assumptions you make.