(Ring Toss concession)
"Probability is nothing more than a
mathematical way of expressing chance."
Original instruction: Toss or observe someone tossing 200 rings, one at a time, towards the bottles. Note the number of times they are successful.DATA:
The number of rings caught on the bottles was ...5...CALCULATIONS:
1. What are the chances of getting a prize by getting a ring caught?
________ # of rings caught / 200 rings tossedOR________ # of rings caught / ring tossed
2. Express the above result in terms of percent of the time you would get a ring caught:
3. How many prizes would you win from 200 throws if one caught ring = one prize?
4. Suppose it cost $1.00 for four throws. What would the average cost be to win a prize as a ring tosser?
5. If it costs company "PGA" $3.00 for every prize, what would be their profit per person playing, assuming that a person will toss until he/she wins a prize?
6. If 400 people per day played until they each won a prize, what would be the profit per day from this particular booth? Assume everyone tosses at the same level of skill.
Uploaded June 2000