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You are on a game show where there are three boxes from which to select your price. Two of the boxes contain a pet goldfish,
You are on a game show where there are three boxes from which to select your price. Two of the boxes contain a pet goldfish, the third box contains keys to a new car. The host says that once you pick a box, he'll open one of the boxes you didn't pick to reveal a goldfish. Then, you have the option of either staying with your box or switching to the unopened box.
- Do you switch or stay? Why?
- Explain the probability concepts behind your selection.
- What are the odds that you will win the car if you switch? What are the odds that you will win the car if you stay?
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