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Are It True?

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Old Oct 25, 2003 | 01:22 PM
  #21  
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[QUOTE]Originally posted by magician
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Old Oct 25, 2003 | 01:26 PM
  #22  
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I was thinking about this, and came up with a better example.

I am thinking of a number. You guess it, and I will give you a cash prize. If you are wrong, I will give you a smaller cash prize.

You write the number 7 on a piece of paper. Then you scratch it out and write the number 4, and hand me the paper.

Did you increase your chances of winning by taking a second guess? No. The odds of your winning remain the same, no matter how many times you change your mind. You derive no benefit from changing your guess, regardless of how many numbers you have to pick from, and regardless of the values of the individual prizes. Does that make sense?

In your two-envelopes game, you are just making the original guess more complicated. If you use your logic, by first picking envelope A, you are really selecting envelope B, since you advise swapping envelopes no matter what. Why not just mentally pick envelope A, and then mentally swap it with envelope B, and really pick up envelope B? The end result is the same, whether you physically touch one or two envelopes. Even simpler, just drop the pretense of swapping envelopes, and pick envelope B in the first place, if that is the one you really want.
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Old Oct 25, 2003 | 01:28 PM
  #23  
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In my situation and Magician's, the basic lesson is to ALWAYS SWITCH if given the oppurtunity, so that will come in handy just in case I go to Price is Right or something
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Old Oct 25, 2003 | 01:31 PM
  #24  
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[QUOTE]Originally posted by no really
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Old Oct 25, 2003 | 01:35 PM
  #25  
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Originally posted by EvoVII
lol, we had a similar situation in our math class just recently.. it dealt with a gameshow back in the day, forgot the name, but basically, here was the situation: You have 3 doors to choose from, and one door contains the prize. You choose a door, but then the gameshow host elects to take one door away that doesn't have the prize in it. Would you stick with your original selection or switch to the other door? Does it make a difference? Why?
You should switch. It does make a difference. Everything else being equal you increase your chance of winning the prize from 1/3 to 2/3. The reason stems from something that is known in contract bridge (maybe elsewhere) as "restricted choice".
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Old Oct 25, 2003 | 01:41 PM
  #26  
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[QUOTE]Originally posted by no really
I was thinking about this, and came up with a better example.

I am thinking of a number.
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Old Oct 25, 2003 | 01:41 PM
  #27  
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correct sir!, almost everyone in the class said it doesn't matter, but when the prof explained it I found it pretty cool
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Old Oct 25, 2003 | 02:09 PM
  #28  
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[QUOTE]Originally posted by magician

If 100 people participated in this "Let's Make A Deal" scenario and all 100 chose envelopes containing $10, they would collectively have $1000.
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Old Oct 25, 2003 | 02:20 PM
  #29  
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[QUOTE]Originally posted by magician
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Old Oct 25, 2003 | 04:42 PM
  #30  
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It may seem that are would be correct but RISK is the noun that is acting and therefore IS is correct.
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