My actual problem is a bit more general that this, but here is a specific example. In basketball, you calculate free throw percentage as:
Free-Throw Percentage (FT%) = Free-Throws Made (FTM) / Free-Throws Attempted (FTA)
I have two teams, and for each team I have the mean and variance of the team's FTM and FTA, so I can model each as a random normal variable (obviously FTM and FTA will be correlated). I can then easily compute the probability that one team will make more free throws than the other, for example.
My question is... how can I find the probability that one team will shoot a higher free-throw percentage than the other? Why is this so hard to compute? Any ideas?
Thanks in advance! :-)