A Simple 'Pig' Game


Authors: 
Roger W. Johnson
Volume: 
30 (1)
Pages: 
online
Year: 
2008
Publisher: 
Teaching Statistics
URL: 
http://www.blackwell-synergy.com/doi/full/10.1111/j.1467-9639.2007.00307.x
Abstract: 

Our pig game involves a series of tosses of a die with the possibility of a player's score improving with each additional toss. With each additional toss, however, there is also the chance of losing the entire score accumulated so far. Two different strategies for deciding how many tosses a player should attempt are developed and then compared in terms of expected score.

The CAUSE Research Group is supported in part by a member initiative grant from the American Statistical Association’s Section on Statistics and Data Science Education