The »Streuspanne Lexicon« is a new rubric with the purpose of being able to refer to small explanations in the podcast without having to go into detail again and again in a separate episode. In this episode our Streuspanne team explains the »Monty Hall Problem« also known as the »Ziegenproblem« (Goat Problem) in German.
In the first episode of the new »Streuspanne Lexicon« category, our Streuspanne team looks at the »Monty Hall Problem«.
The »Monty Hall Problem« involves an imaginary game show in which a player is allowed to choose one of three doors, behind two of them are goats and behind the third door is the main prize.
The moderator then opens another door, behind which stands a goat. The person playing is then asked to make a decision again: Should they stick with the previously selected door or should they now choose the other one?
Does the chance of winning change after opening a gate with the additional information? Why should you change your decision afterwards? What considerations play a role in the calculation of probability and what does games theory have to say in this context?
The »Monty Hall Problem« is explained briefly and concisely here in the »Streuspanne Lexicon« – in under five minutes.
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Fraunhofer Institute for Industrial Mathematics ITWM