Anyone watch it. Definitely can see the Gamma risk in effect and delta
as they turn down the bigger deals as they get closer to a high probability of winning the higher number prizes due to less amount suitcases left but one high value one is left. And watching the horror as the next deal offering collapse in value quickly when the one good suitcase gets taken leaving 3 sucky ones.
Everytime this show appears on tv I end up glued to the TV set
One player turned down 135K only to have to settle for the 25K deal (Turning down other deals, 33K,40K,75K,63K,135K then poof 25K)
http://www.pearsonified.com/2006/03/deal_or_no_deal_the_real_deal.php
Little quote from this entertaining article.
"I havenât mentioned it prior to now, but after that little slap in the face, the banker came back with a gaudy offer of $21,000, which was 63.1% greater than the new mean of $12,875. Looking back at this, I almost wonder if the banker had simply resorted to toying with this poor woman based on her previous decisions. Either way, the lady quickly wised up and accepted the overly generous $21,000, which represented a $110,477.54 loss against the starting mean of the game."
as they turn down the bigger deals as they get closer to a high probability of winning the higher number prizes due to less amount suitcases left but one high value one is left. And watching the horror as the next deal offering collapse in value quickly when the one good suitcase gets taken leaving 3 sucky ones.Everytime this show appears on tv I end up glued to the TV set

One player turned down 135K only to have to settle for the 25K deal (Turning down other deals, 33K,40K,75K,63K,135K then poof 25K)
http://www.pearsonified.com/2006/03/deal_or_no_deal_the_real_deal.php
Little quote from this entertaining article.
"I havenât mentioned it prior to now, but after that little slap in the face, the banker came back with a gaudy offer of $21,000, which was 63.1% greater than the new mean of $12,875. Looking back at this, I almost wonder if the banker had simply resorted to toying with this poor woman based on her previous decisions. Either way, the lady quickly wised up and accepted the overly generous $21,000, which represented a $110,477.54 loss against the starting mean of the game."