[ScarletKnightCPA]

Just a little statistics fun as a break away from the CPA studying!

Scenario:

Through plot device, you are dropped into a room with 3 doors. The only way out is through these 3 doors. A voice speaks up to inform you that behind two doors are angry and hungry Lions, one door will lead to your freedom and prosperity… you must choose the door that you believe leads to freedom.

You make a choice and approach the door, the voice speaks up to inform you that they will eliminate one of the two doors you didn’t pick that leads to a lion… you are given the choice to either change your door choice or open the door that you initially chose. You know that the voice didn’t just give you the choice to pick another door because you chose the right one because he pinky sweared.

If you don’t pick a door, the lions will be released and the door to freedom will be locked.

What do you do? Why? Is any one choice better or worse than any other at this point?

Far: 76 (Wiley Test Bank)
Aud: 77 (Wiley Test Bank)
Reg: 61, 76 (Wiley book, Wiley Test Bank)
Bec: 86 (Wiley Test Bank)

MBA in progress