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Contestant chance of winning the car

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Reference no: EM131474036

Video #1: Should I stay or should I switch doors?

https://ed.ted.com/featured/PWb09pny#watch

Q1. Why is it better for the contestant to switch doors? Why does this improve the contestant's chance of winning the car?

Q2. Monty Hall knows where the car and the goats are located. Imagine that he doesn't know where they are located. How might this affect the results of the game?

Video #2: Why do competitors open their stores next to one another?

https://ed.ted.com/lessons/why-do-competitors-open-their-stores-next-to-one-another-jac-dehaan#watch

Q3. If you started a retail business, would you prefer to be in a community with no competition or a community with several other retail businesses just like yours? Why? Q4. Think about your own community. Draw a map that indicates each retail location and its type. Are similar types together? Are there any outliers? What are the most popular spots and are they surrounded by similar businesses?

Reference no: EM131474036

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