ISCAM
Lab 0

(a) Use the applet to the right (or click here) to simulate playing this game 10 times with the Stay strategy:

• Click on a door and then press that door again to stay.
• The computer will reveal whether you won or lost and will keep track
• Press on any of the doors again or press the Play Again button and repeat until you have played ten times

Record the proportion of wins in these 10 plays with the Stay strategy in the table in your lab report and enter the NUMBER of wins here.

(b) Now have the computer play 10 times with the Switch strategy.

Hint: Scroll down and use the pull-down menu to now use the "Switch" strategy. Set the number of times to 10 Press the Go button

Record the proportion of wins in these 10 games in the table in your lab report and enter the NUMBER of wins here.

(c) Which strategy was better for you? Do you think that will be the same for everyone?

Next, I will attempt calculate the "cumulative proportion of wins" across your results.

(d) What do you notice about how the proportion of wins changes as we play more games? Does this proportion appear to be approaching some common value?