Faculty Advisor

Abraham, Jon P.

Faculty Advisor

Posterro, Barry John

Abstract

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.

Publisher

Worcester Polytechnic Institute

Date Accepted

April 2019

Major

Actuarial Mathematics

Project Type

Major Qualifying Project

Accessibility

Unrestricted

Advisor Department

Mathematical Sciences

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