Math Problem Statement

Let’s say there a game with 20 sets of two doors, one door lets you continue and raise you price, at the risk of losing it all, whilst the other one stops you and gives you your reward immediately. So the risk of losing it all also increases by every door it starts at 5% and increases by 5% until it reaches the cap of 50% what would the chance of getting through all the doors be?

Solution

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Math Problem Analysis

Mathematical Concepts

Probability
Compounded Probability
Risk Analysis

Formulas

P(pass) = 1 - P(lose)
Total Probability = P_1 × P_2 × P_3 × ... × P_20

Theorems

Multiplication Rule of Independent Events

Suitable Grade Level

Grades 10-12