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Imagine Deal or No Deal with only three sealed red boxes.
The three cash prizes, one randomly inserted into each box, are 50p, £1 and £10,000. You pick a box, let's say box two, and the dreaded telephone rings.
The Banker tempts you with an offer but this one is unusual. Box three is opened in front of you revealing the £1 prize, and he offers you the chance to change your mind and choose box one.
Does switching improve your chances of winning the £10,000?
What would you do?
The three cash prizes, one randomly inserted into each box, are 50p, £1 and £10,000. You pick a box, let's say box two, and the dreaded telephone rings.
The Banker tempts you with an offer but this one is unusual. Box three is opened in front of you revealing the £1 prize, and he offers you the chance to change your mind and choose box one.
Does switching improve your chances of winning the £10,000?
What would you do?
