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Math 146 Project 2 Deal or No Deal - Expected Outcomes Name: Due Date: Project 2 will determine the expected outcome for

Posted: Wed May 11, 2022 3:36 pm
by answerhappygod
Math 146 Project 2 Deal Or No Deal Expected Outcomes Name Due Date Project 2 Will Determine The Expected Outcome For 1
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Math 146 Project 2 Deal or No Deal - Expected Outcomes Name: Due Date: Project 2 will determine the expected outcome for the "Deal or No Deal" game by using an online game or cell phone app. There are 26 cases containing different dollar amounts. At the start, you choose a case but do not know the cash value for your case. Each round, you must open a certain number of cases which are then revealed with their case values. You will calculate the expected outcome for the game. Below is an example of online games you can use for the project A sample chart of the Case Values is given below. If your game has different case values or number of cases to open for each round, please adjust the table to reflect the game you are playing. You place an X in the table square to indicates which case values have been chosen and are no longer in play. If at any round, you choose to accept the banker's offer, make sure to complete the final round question to indicate your case value and the banker's offer Case Dollar Values Round 1 Choose 6 Cases Round 2 Choose 5 Cases Round 3 Choose 4 Cases Round 4 Choose 3 Cases Round 5 Choose 2 Cases Round 6 Choose1 Cases Round 7 Choose 1 Cases $ 0.01 $1 SS $ 10 $ 25 $ 50 $75 $ 100 $ 200 $ 300 $ 400 S 500 $ 750 $ 1,000 $ 5.000 $ 10.000 $ 25.000 $ 50.000 $ 75.000 $ 100,000 $ 200.000 $ 300.000 $ 400,000 S 500,000 $750,000 $ 1.000.000

1. Select Your Case - Choose your case and calculate your expected outcome for the game in a dollar amount. Please show all your work 2. Round 1 - Open the required number of Cases. Update the chart with the values that have been eliminated for this Round Calculate your expected outcome for the game in a dollar amount. Please show all your work. Note the Banker's Offer. Explain your thinking about either accepting the Banker's Offer or continuing with the game. 3. Round 2 - Open the required number of Cases. Update the chart with the values that have been eliminated for this Round. Calculate your expected outcome for the game in a dollar amount. Please show all your work. Note the Banker's Offer. Explain your thinking about either accepting the Banker's Offer or continuing with the game.

* Round 3 - Open the required number of Cases Update the chart with the values that have been eliminated for this Round. Calculate your expected outcome for the game in a dollar amount Please show all your work. Note the Banker's offer. Explain your thinking about either accepting the Banker's Offer or continuing with the game is Round 4. - Open the required number of Cases. Update the chart with the values that have been eliminated for this Round. Calculate your expected outcome for the game in a dollar amount. Please show all your work. Note the Banker's Offer. Explain your thinking about either accepting the Banker's Offer or continuing with the game Round s-Open the required number of Cases. Update the chart with the values that have been eliminated for this Round Calculate your expected outcome for the game in a dollar amount. Please show all your work. Note the Banker's Offer. Explain your thinking about either accepting the Banker's Offer or continuing with the game

7. Round 6- Open the required number of Cases. Update the chart with the values that have been eliminated for this Round. Calculate your expected outcome for the game in a dollar amount. Please show all your work. Note the Banker's Offer. Explain your thinking about either accepting the Banker's Offer or continuing with the game. 8. Round 7- Open the required number of Cases. Update the chart with the values that have been eliminated for this Round Calculate your expected outcome for the game in a dollar amount. Please show all your work. Note the Banker's Offer. Explain your thinking about either accepting the Banker's Offer or continuing with the game. 9. Continue with the Process until you accept an Offer or Open your own Case - Final Round-Open your Cases and put your dollar amount below.