Step Right Up! Carnival Game Probability
CSEF · 2002 Mathematics & Software
Overview
Objectives/Goals My objective was to find the real chance of winning a prize at a carnival dice game, and what the operator needs to charge to make a profit. In my hypothesis I stated that I think there is at least a 3 in 6 chance of winning. For the operator to make a profit, he should charge at least $2.00 due to the costs of the prizes. Methods/Materials I learned probability by solving practice problems so I would have no problem solving my main problem. Then I designed my number tree that would help me with my figuring. I looked for the branches that had one, two, and three of a number 1-6 to find my probabilities. Then I needed to find the expected value, the amount of money on average that it costs the operator per player. Results When my teacher said the results I came up with were wrong, I tried to figure out her point of view but I kept getting my same answer. I realized there might be two ways to look at this problem: the player#s point of view or the operator#s point of view. Players point of view: I learned that the number choice does not affect the probability of winning a certain prize. Operator's point of view: you would include the probability of the player choosing a number as well as the probability of the dice showing that number. The answers that I originally got were correct and if the probabilities are the same, the expected value would not change. Conclusions/Discussion I found that my hypothesis was completely incorrect. If the real probability of winning was 3/6,or ½ then the game would be fair but it is not. The probability of winning is actually closer to 1/3 (25/72). Carnival game operators want you to think that a game is fair like I did, so that you will play. If you knew that the probability of winning a game was only about 1/3, most likely you would not waste your money. I also incorrectly thought that the operator would have to charge at least $2.00 to make a profit because of the cost of the prizes. Now I realize what a huge profit carnival game operators make if they only lose on average 60 cents per player (this varies for different games) but charge up to $2.00 for each person to play. That is an enormous profit of 70%. Now I see carnival games as a gambling device directed at children. Another thing I learned from this is that some probability problems are tricky. There may be several ways of going about solving a problem.
Summary statement
The probability of winning a prize at a carnival game.
Help received
My Sister helped in checking work.
Competition history
- CSEF 2002
Resources
Related projects
CSEF · 2002
Let's Make a Deal: A Ratio Problem
CSEF · 2002
What're the Odds? A Lesson in Probability
CSEF · 2007
Flip of a Coin, Roll of a Die, Turn of a Door: Is It Fair? A Study on Probabilities
CSEF · 2014
Monty Hall in Megabytes
CSEF · 2007
Let's Make a... Deal or No Deal
CSEF · 2005
Let's Make a Deal
CSEF · 2008
"Fair Deal" or "No Deal"?
CSEF · 2009
What's the Deal or No Deal?
Closest projects by meaning, across every fair and year in the corpus.
Browse more like this
Source: California Science & Engineering Fair public projects