Comments on: [3ACTS] Money Duck

By: blaw0013

blaw0013 — Sat, 31 May 2014 23:41:38 +0000

While reading, I thought about how I might go about trying to resolve some of the questions posed in relation to this problem. I was reminded of a surprising technique to count/estimate unknown amounts — in the case of the youtube link the context is estimating the number of taxi cabs in London. Enjoy.

http://youtu.be/tyX79mPm2xY

By: Duck, Duck, Money Duck | Number Loving Beagle

Duck, Duck, Money Duck | Number Loving Beagle — Tue, 20 May 2014 01:54:57 +0000

[…] of ducks, Dan Meyer’s newest three-act lessonÂ was coincidentally timely with my probability and statistics progression. […]

By: Bowen Kerins

Bowen Kerins — Thu, 15 May 2014 03:13:16 +0000

One other bummer-world version is the Wheel of Fortune slot machine found in Vegas.

On inspection, the giant wheel at the top of the game has some great value: there’s a $1000 space, a $500 space, some others.

And you can do some calculations, figure out how often the bonus is activated, and learn that based on what you see, you should come out ahead if you keep playing the game.

But of course you don’t, because it’s a slot machine, and the wheel is rigged. Vegas actually has laws that limit precisely how rigged the wheel is allowed to be. The nature of the rigging has led to this lawsuit in Michigan: http://www.rgtonline.com/article/lawsuit-alleges-wheel-of-fortune-slot-machines-are-rigged-24448

If by “bummer-world” you meant “math textbooks”, I was able to work some of these kinds of problems into the CME Project books, but they had to be carnival games and not gambling games. One example here: http://imgur.com/gw1k43i

By: Robert Kaplinsky

Robert Kaplinsky — Wed, 14 May 2014 17:21:43 +0000

This is a great result of the collective effort you led. You should send a link to this page to the company you asked for the information and see if they’ll give you a response or comment about how this process compared to their own.