Investigation Assessment – Wizard of Odds Assignment
The aim of this investigation is to trial the two versions of the game, known as Wizard of Odds, to determine if they are fair to players choosing head, heart or hips options, or if not, which strategy gives you the best odds to win.
When observing a single standard dice roll each number or face of the dice has one sixth of a chance of occurring. For this investigation we will assume that each dice we use will produce fair results for a singular roll.
When observing a card being pulled from a set of 6 each card has one sixth of a chance of being pulled. For this investigation we will assume that each dice we will use will produce fair results for a single draw.
As the number of trials increases, the relative frequency of each strategy goes up, even by a little. From going from only being pulled 4 times in a 12-trial game to being pulled 26 times in a 96-trial game.
Overall, I believe the relative frequency values of the whole class would provide better results compared to the groups results. Since it comes from a bigger pool of options with more trials, it would provide just as much, if not more information regarding the experiment.