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©MicahStohlmann micahstohlmann.com
The Price is Right Math The website below has videos of the games played on the television show.
http://www.priceisright.com/games/
For more detail on the activities below see the following article: Stohlmann, M. (2018). The math is right! The Australian Mathematics Teacher, 74(3), 9-14. -The first activity below involves students guessing the prices of 10 items. I have included some sample items, but any items can be used. If the prices are over $650 the scale on the graph can be changed. Students are shown ten items one at a time and fill in the table with their guesses. Then the teacher can provide the actual prices. Students make a scatterplot of their points and the activity continues with the provided questions.
©MicahStohlmann micahstohlmann.com
Actual Price
Guessed Price
Guessedprice Actualprice
©MicahStohlmann micahstohlmann.com
1) With your spaghetti piece, show the line of a person that was a perfect guesser;
where every guessed price matched the actual priceHow many of your points fall on the spaghetti line? What does this mean?
2) Where do you see the points where you guess was too high? Too low?
3) Describe any patterns or trends to your scatterplot.
4) Draw in an “estimated” line of best fit that fits your data well? How does it
compare to the line y = x ?
5) Produce an equation for the line of best fit. Use your line of best fit equation to
predict the actual price of an item if you guessed $350.
6) What does the slope of your line of best fit mean in this context?
7) What does your y-intercept mean in this context?
©MicahStohlmann micahstohlmann.com
Samsung 55 inch 1080p SMART LED TV
Two Apple iPad minis-16GB
12-feet jump and dunk trampoline
©MicahStohlmann micahstohlmann.com
Bulova Men’s Highbridge Stainless Steel Watch
DKNY Women’s Chambers White Watch
Taotao 50cc Gas Street Legal Scooter
©MicahStohlmann micahstohlmann.com
PlayStation 4 500GB Console-Star Wars Battlefront Bundle
Lifetime 1531 Portable Basketball system, 48 inch shatterproof backboard
Xbox One 500GB Console with Kinect-3 Game Bundle (Dance Central Spotlight; Kinect Sports Rivals; Zoo Tycoon)
JOOLA inside Table Tennis Table
©MicahStohlmann micahstohlmann.com
Temptation game (http://www.priceisright.com/games/)
1.Whatdecisionshouldthecontestantmake?Expected value is the long-run average value or put another way it is the probability-weighted average of all possible values. It is calculated as the sum of all possible values each multiplied by the probability of its occurrence. 2.Whatistheexpectedvalueforthisgame? a)Whatistheprobabilityofwinningthecarandalltheprizes? b)Whatistheprobabilityofwinningnothingthen?3.Basedontheexpectedvaluewhatdecisionshouldthecontestantmake?
©MicahStohlmann micahstohlmann.com
Pathfinder Game
©MicahStohlmann micahstohlmann.com
Punch a Bunch Game
The number of each value on the punchboard is in parentheses; so there are four values of
$5,000.
$25,000 (1); $10,000 (2); $5,000 (4); $2,500 (8); $1,000 (10); $500 (10); $250 (10);
$100 (5).
(1) What is the probability of winning each money amount with one punch?
(2) Which amount has the greatest probability? The least?
(3) What is the expected value for this game with one punch? Right down an estimate
before figuring it out.
(4) Suppose a contestant has passed on $1000 and $500. They get $2,500 on their
third punch. Should they keep this or see what value is in their fourth punch?