Dr. Brainard is inventing again. He invented an lazy susan with divided areas that can collapse and have the remaining areas expand across the entire area. Imagine a series of Japanese hand fans (an accordian folded piece of paper that looks like a stick but can stretch out to make a full circle) all connected at the center. He is tickled pink, just imagine one day you can have 2 compartments: 1 for chips and the other for dip and then the next day you can have wings divided into spicy, cajun, hot, bbq, and honey mustard. But no one is buying them so he invented a game to go with it.
The lazy susan starts with 9 compartments and a slip of paper goes in each one. As with all good games, all the slips but one say, "sorry, please try again" and the last one says, "WINNER". As a contestant, you pick a compartment and the host "closes" 3 adjacent compartments to one side or the other of the one you picked, saying/showing you that those 3 were not the winning compartments. Now you have a chance to pick a new compartment or stay after which the host will close 2 adjacent compartments to one side or the other the one you now have picked. This again repeats with the host closing 1 more compartment, leaving 3 compartments left. You have 1 last chance to change your pick.
So to help imagine them numbered 1,2,3,4,5,6,7,8,9 and if you pick 1 the host may close numbers 2,3,4 or 7,8,9.
so you end up with 1,5,6,7,8,9 or 1,2,3,4,5,6 and if you stay with 1 the host may close numbers 5,6 or 8,9 in the first case or 2,3, or 5,6 in the second case.
etc...
The 1st part is, "what is the best strategy? and what is the resulting win probability?"
People are still not buying them so Dr. Brainard decides to try and sell them to casinos. Now being for a casino, he had to come up with payments so being tired he came up with something easy: you pay $1 to play and win $8 if you pick the right answer, but you have to pay another $1 to have the host close compartments and make a new selection. So you pay end up paying $4 if you want to go to the end, but you can stop at any time. So does this change your strategy and what is your best ROI?
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Dr. Brainard is inventing again. He invented an lazy susan with divided areas that can collapse and have the remaining areas expand across the entire area. Imagine a series of Japanese hand fans (an accordian folded piece of paper that looks like a stick but can stretch out to make a full circle) all connected at the center. He is tickled pink, just imagine one day you can have 2 compartments: 1 for chips and the other for dip and then the next day you can have wings divided into spicy, cajun, hot, bbq, and honey mustard. But no one is buying them so he invented a game to go with it.
The lazy susan starts with 9 compartments and a slip of paper goes in each one. As with all good games, all the slips but one say, "sorry, please try again" and the last one says, "WINNER". As a contestant, you pick a compartment and the host "closes" 3 adjacent compartments to one side or the other of the one you picked, saying/showing you that those 3 were not the winning compartments. Now you have a chance to pick a new compartment or stay after which the host will close 2 adjacent compartments to one side or the other the one you now have picked. This again repeats with the host closing 1 more compartment, leaving 3 compartments left. You have 1 last chance to change your pick.
So to help imagine them numbered 1,2,3,4,5,6,7,8,9 and if you pick 1 the host may close numbers 2,3,4 or 7,8,9.
so you end up with 1,5,6,7,8,9 or 1,2,3,4,5,6 and if you stay with 1 the host may close numbers 5,6 or 8,9 in the first case or 2,3, or 5,6 in the second case.
etc...
The 1st part is, "what is the best strategy? and what is the resulting win probability?"
People are still not buying them so Dr. Brainard decides to try and sell them to casinos. Now being for a casino, he had to come up with payments so being tired he came up with something easy: you pay $1 to play and win $8 if you pick the right answer, but you have to pay another $1 to have the host close compartments and make a new selection. So you pay end up paying $4 if you want to go to the end, but you can stop at any time. So does this change your strategy and what is your best ROI?
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