The game is simple, the dealer hands you a random number that you cannot see, and you then enter your own integer. If the first digit of the product is between 4 and 9 you win! If the first digit of the product is 1, 2, or 3 the dealer wins. The odds seem tempting, would you take them?
In an article from the April 2010 edition of Mathematics Magazine, Kent E. Morrison analyzes this game and discovers what the odds are and how we need to apply game theory to the problem in order to completely solve the total expected outcome of this game. Although this may seem like a very straight forward problem, we will learn that a lot goes into solving this simple multiplication game.
Math 450 Seminar Presents
"The Multiplication Game"
by: Alexander Lillich
Tuesday, October 6, 2015, 1:40 p.m.
in Patterson 301
Come join us! All are welcome.