The purpose of this MQP is to analyze all the games on The Price is Right and find strategies to improve the constant's probability of winning assuming they have no pricing knowledge. Using analytics and simulations, every game was analyzed and put in categories of low, medium, or high strategy. The project includes a catalog of all the current Price is Right games, including a description of the game; the strategy that should be implemented to improve the contestant's odds; and the probability of winning with and without strategy.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Patrolia, Marshall James
• O'Malley, Corey Jacob

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-042519-145803

Advisor

• Abraham, Jon P.
• Posterro, Barry John

Year

• 2019

Date created

• 2019-04-25

Resource type

• Major Qualifying Project

Major

• Actuarial Mathematics

Rights statement

• In Copyright