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There is a television show involving three doors labeled 1,

Paper help Economics There is a television show involving three doors labeled 1,

Economics

There is a television show involving three doors labeled 1,

There is a television show involving three doors labeled 1, 2, and 3. Behind one of the three doors… Show more There is a television show involving three doors labeled 1, 2, and 3. Behind one of the three doors is a new car and behind each of the other doors is a goat. The contestant, Kathy, wants to end up with the door concealing the car. The contest has two versions. In each version, the host of the show asks Kathy to choose one of the doors. The host then states that the contest has two versions, which he then explains to Kathy. Version I: After Kathy makes her choice the host opens a door revealing a goat and he asks Kathy: %u201Cdo you want to switch the door you chose for the door you did not choose and I did not open%u201D? Version II: After Kathy makes her choice the host asks her, %u201Cwould you like to switch the door you chose for both of the remaining two doors%u201D? The host then asks Kathy %u201Cwhich version would you like to play%u201D? Kathy replies, %u201CI am very confused.%u201D The host says to Kathy %u201Ctake a minute and phone a friend for advice.%u201D You are Kathy%u2019s best friend so you get a call asking for your advice. What advice did you give Kathy? Defend your answer When you received the call from Kathy you were seated in the second-to-last row in room 642 of Dow taking a multiple-choice exam. After you advised Kathy, the following happened: Question #47 on your exam has three choices, A, B, and C. You randomly chose A. Within 5 seconds of marking your choice on the answer sheet for Question #47, the instructor, who is standing in front of the room, announces to the entire class that answer C is incorrect. Should you change your answer on Question #47 before turning in your answer sheet? Defend your answer and when doing so explain if this situation is different from both Versions I and II above. • Show less

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