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Mathematics 20 Online
OpenStudy (lgbasallote):

Can the principles of Mathematics be used to win a game of Deal or No Deal? If so, how?

OpenStudy (turingtest):

you could probably help your odds by utilizing the "Monty Hall" principle http://en.wikipedia.org/wiki/Monty_Hall_problem

OpenStudy (lgbasallote):

if i recall right monty hall is applied when there are three choices and a null choice is eliminated...how can that help in Deal or No Deal? I mean if you choose a briefcase it's not like they're gonna open a dummy briefcase...or maybe you mean the banker's offer?

OpenStudy (turingtest):

actually not that familiar with the game deal or no deal, sorry :P

OpenStudy (lgbasallote):

oh lol =)))) i was thinking it was a game of probability...so im trying to find out which principles are applicable there

OpenStudy (turingtest):

I'd have to know all the rules of the game to help, but I suck at probability anyway...

OpenStudy (lgbasallote):

basically you pick a briefcase out of 26...each briefcase holds amount from $1 - $1 million...after a certain amount of briefcases have been opened...a person gives you an offer depending if the briefcases you opened held big money or low...then you are given a choice of deal or no deal...if you say deal you take the offered money...if no deal you open more briefcase until you come to open yours

OpenStudy (campbell_st):

yes... use the expected value return from probability to determine is the bank offer is over or understated... if you have cases left and prizes of $1000, $10000 and $2 the expected return is 1/3 x 2 + 1/3 x 1000 + 1/3 x 10000 compare it to the bank offer

OpenStudy (lgbasallote):

so you take whichever is bigger? i see...wonder why no one does that lol

OpenStudy (campbell_st):

because of a human condition called greed

OpenStudy (lgbasallote):

im still waiting to see where the rooster egg falls off though

OpenStudy (campbell_st):

umm... good question

OpenStudy (lgbasallote):

lol ive seen you say it so many times...i only got it when i wrote it myself =_= lol im super slow

OpenStudy (campbell_st):

I think it depends on the wind direction.. and the pitch of the roof

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