• Introduction
Project
You have three choices for the project. Each is worth the same number of points. Choose the topic that best meets your interest and learning styles.
Option 1: Design a game.
Summary: Design a game of chance and analyze the probability of each of the rounds to prove that the game is fair. If it is not fair, explain why someone might play anyway.
Option 2: Analyze a tv game show that uses probability such as "Deal or No Deal"
Summary: Using data collected from the show, analyze the probability that the player will win the greatest possible amount at each round.
Option 3: Compare probability games.
Summary: Research 2 different lottery or probability based games to compare.
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Option 1: Design a Game
Option 1: Design a
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(For the example above, there are 72 possible outcomes.)
• List the probability distribution for the outcomes.
• Graph the probability distribution and identify which probability distribution meets it.
• Explain why your game is fair using probability.
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Option 2: Analyze a Game Show
Analyze a TV Game Show
Note: The suggested game for this assignment is "Deal or No Deal" and the assignment is written specifically for that game show. If you'd like to analyze a different game show, discuss it with your instructor first as some game shows may not apply and some may need different requirements.
Project Summary:
Watch "Deal or No Deal", review the data, and analyze the game.
Requirements:
1. Watch 3 contestants on the show. This might be several episodes of the show so be sure it will be on at a time you can watch or record it.
2. Record the information from the show including the order when each case was selected and the offer from the banker.
3. For each round of the game (ie each time the banker calls), calculate the expected value and the standard deviation.
4. Record if the banker's offer was above the standard deviation and the probability that the highest value on the board will be
Yes, that is my advice: Be boring and choose the obvious answers. It may not work this year, or next year, but those are the best odds that you’ll come out ahead in the long run, even if your outlook is decades, not centuries. That’s the bounty of a high-stakes tournament played by unpredictable
20) If you simulate the event of tossing a coin 10 times, exactly 5 of the outcomes will be heads and 5 will be tails.
In the different options I could choose from, I chose to explain how the over/under scores worked, how the team favorite and underdog works, and finally how the ratio of the favorite turns into a percentage to see who the so-called favorite is favored by in percentage. My attempt for the interview went as followed:
While a challenge is made, each player reveals their serial numbers and they persuade who is bluffing whom. If a challenge is correct, hence numbers on bills is lower than challenge bid, which mean bidder loses a dollar to each of the other players. If a challenge was incorrect; therefore, bidder wins a dollar from each of the other players.
The only thing left is to format it like a sports book betting line. This is done by multiplying the money figure by 10, and then adding 100. The only thing left is to assign the status of favorite and underdog.
Phase I—Qualitative—MET Early in the research process, two additional agencies the Ohio Lottery had been using for creative development were called in. Because their work was also meant to stimulate demand for lottery tickets, input from these agencies was deemed critical to the overall success of the research project. “We wanted to get buy-in from them from the beginning,” explained HirtMarchand. It also helped that Ingram considered engagement with the research vitally important for each of its agencies. And each agency had numerous questions, among them: What is the understanding of the pay-out or odds and how relevant is this understanding to making a purchase? Are purchases of lottery tickets routine or impulsive? Are purchases perceived
Reflection “The Lottery and The Most Dangerous Game” This is a compare and contrast essay of The Lottery and The Most Dangerous Game. I wrote this essay to find out the similarities and differences in the essay. Spelling and punctuation are always the essential problem in my writing process. I revised those grammar mistake first, and also capitalized all the title.
In other words, multiply ¼ by 1 and ¾ by ½. ¼ and ¾ should also be multiplied by 0/1, or 0. Since this equals 0, it is irrelevant to the probability. This is why the unfavorable outcomes are not considered. ¼ multiplied by 1 equals ¼, and ¾ multiplied by ½ equals ⅜. Because ⅜ is greater than ¼, the contestant should always switch.
\par A method to explain the St. Petersburg’s probability gamble is through a simple game of coin flipping. In order to play, the player is required to pay a certain entrance price. Let’s assume the entrance fee is two dollars, which will be placed in a pot. Each coin flip is considered as a bet. If heads appear, then the person will earn double the amount of money they currently own into the pot at the time, paid by the house. The game continues until the player receives a tail and wins the total price in the pot. For instance, on the first round the player flipped a tail at the first try, giving him a winning prize of two dollars. If he flips a head and a tail, then he wins a total of four dollars. Thus, if he flips two heads and a tail,
The speaker for the Ted talk series on fooling juries first talks about the chances of a result from a coin toss is a specific order. The speaker presents two different patterns of the coin toss, one set as HTH and the second as HTT. The speaker then proposes three different answers, first that the average number of tosses until HTH is larger than the average number of tosses until HTT. The second possible answer is that the average number of tosses until HTH is the same as the average number of tosses until HTT. The third is that the average number of tosses until HTH is smaller than the average number of tosses until HTT. Just bases off of the information given and without attempting to solve the question, the most logical answer that I selected was B, being that the average
I feel like this game was very well thought out but I feel like it was a little of a rip off of Russian Roulette. Our odds are better than those of Russian Roulette but the pot is smaller the majority of the time. This did help me understand probability because of the chance of winning and ours is 2 in 8 chance so that is a 25 percent chance of winning. We all worked together by dividing and conquered. The girls worked on the spinner and the art and the boys wrote the instructions and did the prices for the prizes. I felt that since Rachael did bad on a quiz and I felt a little pressure but she was always kind of nice and not that bossy. I learned that fair games are ones that are not modified so that way you will not win. In Las Vegas games
Although I lost $10 during the investigation I am still pleased with my predicted loss before buying the tickets. With room for a few math errors here and there, my expected loss and my actual loss was only $1.50 off the mark. Since my results were only $1.50 off I can reject the null hypothesis that probability will not help increase my chances profiting in a scratch-off game. When I calculate the probability of a scratch-off game, I can simply adjust a few variable until I predict a profit. Another thing we have to remember that this is still a gambling, nothing is really guaranteed. Continuing, one variable I wanted to change was the games I played. If I were to do things differently I would play a $2 game. The $2 dollar games had greater
My project will consist of replica of the Who Wants To Be A Millionaire game show. The purpose of this will be to inform people about bathhouses and AIDS. I choose this as my project because I believe it will be a fun way to inform people about bathhouses and AIDS. It is also a fun game that kids of all ages will enjoy. I also chose to do Who Wants To Be A Millionaire because I am not very artistic so a book, song, or poster would not turn out very well. The game will consist of questions relating to the topic along with two to four possible answers. This will give the players a chance to see how much they know about the topic. In the process, they will be learning. My ultimate goal of my paper and project is to help people get a better understanding of one form of a gay lifestyle and hopefully bring acceptance to gay people.
The Lottery begins like any other day. Clear and sunny skies, flowers blossoming, and green grass. Seemingly nothing out of the ordinary. Then people begin to gather in the town square. What is this lottery that is taking place? Do the people of the town agree with it? These questions can only be answered by exploring the minds of the people in the town.
On the other hand, the lowest quartile start with a meager amount of $270 US, no property and receive $36 US every time the pass GO. From this experiment, it was shown that the richest player, always won out and in some occasions, the lower class player would rise to a higher income level but always lost the game. Some experiment, have added taxation