9.1 Problem

There is this famous game-show host problem, also known as the Monty Hall problem that goes something like this.

Imagine there is a game-show in which a person may win a new car. The car is hidden behind one of three doors. The host chooses a player (called a trader) from the people in the studio and asks them to pick one door. The choice is Door 1. The host knows what’s behind all the doors. He decided to open Door 3, behind which there’s a goat. Now the trader got a choice: stay with their initial choice, or switch to still unopened Door 2.

Imagine you are the trader. What would you do? Is it in your interest to make a switch? Use Julia to figure it out.



CC BY-NC-SA 4.0 Bartlomiej Lukaszuk