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Congratulations! You have made it onto an episode of the game show Let's Make a Deal, hosted by the infamous Monty Hall. In this round

Congratulations! You have made it onto an episode of the game show "Let's Make a Deal", hosted

by the infamous Monty Hall. In this round of the game, you are asked to select one of three

doorsbehind one of the doors is a brand new Ferrari, and behind the other two doors are goats.1

After you choose a door (the door remains closed), Monty will open one of the other doors and

reveal a goat; i.e., at this stage, Monty will never reveal the car. You then have the opportunity

to select the remaining door or stick with your original choice. Is it a better strategy for you to

switch doors or not switch?

a) Suppose that you start out by selecting Door #1.

i. If the car is behind Door #1 and you decide to switch, do you win the car?

ii. If the car is behind Door #2 and you decide to switch, do you win the car? Explain your

logic.

b) The simulation shown in the template is used to simulate 1,000 rounds of the game in which

you initially select Door #1. The vector switch records whether you decide to switch, while

the vector wins records whether you win the car. The value 1 in switch represents deciding

to switch and the value 1 in wins represents a win. The simulation assumes that deciding to

switch doors occurs with probability 0.50.

The code stops at specifying the outcomes for when the car is behind Door #1. Complete the

code for the outcomes when the car is behind Door #2 or behind Door #3.

c) Run the simulation and view the results.

i. Based on the simulation results, what is the approximate probability of winning the car

if you choose to switch doors with equal probability?

ii. Is it a better strategy to (always) switch doors or (always) not switch? Explain your

answer, referencing any relevant numerical results.

d) Using an algebraic approach, calculate the probability of winning by switching doors. Let

W represent the event of winning by switching doors. It may be helpful to define the events

of the car being behind Door #1, Door #2, or Door #3 as D1, D2, and D3, respectively.

e) Consider a modification of the game in which you are asked to select from one of four doors,

where one door leads to a car and the others lead to goats (all other aspects of the game

remain the same). Calculate the probability of winning by switching doors and compare

this to the probability of winning by not switching doors.

1Assume that you are interested in winning the Ferrari, and not a goat.

3

I have worked the problem, but I want to confirm the accuracy of my responses for this question. Thanks for your assistance!!

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