Analyze the probability of different events that can occur in the game of Monopoly. You need to find 5 different probabilities giving a specific example from different aspects of the game. Then calculate the probability that this event occurs. You need to have one of each: basic probability, addition, multiplication, permutation and combination.
For example: The game of LIFE.
Basic: We could evaluate probability with the spinner (Probability you spin a 5).
Addition: salary cards (Probability your salary is $125,000 or $250,000).
Multiplication: LIFE tiles (Probability you draw a $100,000 and a $50,000 tile).
Permutations: the number of ways to order 5 people in the car.
Combination: When we played LIFE and had to draw a card for a life event (payday, job, house) we had a house rule of drawing 3 cards and selecting the one we wanted. How many combinations of 3 cards can you get from the house cards?
Type a report with all of your findings and probability questions and answers that you have decided to investigate
Your project must include:
a. An introduction paragraph explaining the game/rules/cards/dice or whatever is used in the game
b. A paragraph for each probability problem. Be specific with what it is you are finding, how it is found as well as the final answer. Please remember that a paragraph is roughly 5 sentences. You need to explain all the numbers and work that lead to get to the answer to the question you posed in the first sentence.
Times New Roman Font, 1 inch margins and be double spaced
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