Wizard
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April 13th, 2016 at 11:26:43 AM permalink
Do they publish a tally of how many of each piece was made? It would make for a good math problem on the expected number of tickets you need to buy to complete any given set.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Joeman
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April 13th, 2016 at 12:25:59 PM permalink
Quote: Wizard

Do they publish a tally of how many of each piece was made? It would make for a good math problem on the expected number of tickets you need to buy to complete any given set.

Monopoly Rules

If you scroll down to #6, it states that they plan to make approximately 513,591,720 total game pieces. Further down, it lists how many of each prize are available.
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GWAE
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April 13th, 2016 at 1:53:58 PM permalink
I am confused. Maybe I am dumb or they just screwed up.

There are 513,591,720 pieces

Odds of winning Boardwalk
One (1) prize is available in the Game. 1 in 513,591,720

Odds of the 5k through 50k There are 5 of each winning piece
Five (5) prizes are available in the Game
the approximate odds of collecting the Winning Combination (Pacific Avenue, North Carolina Avenue and Pennsylvania Avenue) are 1 in 513,159,085

Odds can't be near the same as the boardwalk, can they?
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Wizard
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April 13th, 2016 at 2:12:17 PM permalink
Thank you! To save others the trouble, the following table shows the inverse probability of getting any given piece on a two-piece card. Each card has two items on it. Evidently, sometimes one of the items is what I call "food," because otherwise the totals wouldn't add up. The probability that a card will have a food winner on it is 38.18%.

So, to help simplify this I created a "weight" column that shows how many of each property/food I believe to have been printed.

Piece Inverse Weight
Mediterranean 11 46,690,156
Baltic 114,132 4,500
Oriental 11 46,690,156
Vermont 51,359,172 10
Connecticut 11 46,690,156
St. Charles Place 11 46,690,156
States 873,498,405 1
Virginia 11 46,690,156
St. James Place 10 51,359,172
Tennessee 102,718,344 5
New York 10 51,359,172
Kentucky 102,718,344 5
Indiana 10 51,359,172
Illinois 10 51,359,172
Atlantic 10 51,359,172
Ventnor 102,718,344 5
Marvin Gardens 10 51,359,172
Pacific 10 51,359,172
North Carolina 10 51,359,172
Pennsylvania 513,591,720 1
Park Place 11 46,690,156
Boardwalk 513,591,720 1
Reading 11 46,690,156
Pennsylvania Railroad 11 46,690,156
B&O 11 46,690,156
Short Line 2,567,959 200
Food 2.619110761 196,093,929
Total 1,027,183,437


Here are the prizes for each set, listed by the most expensive property in each set.

Set Prize
Baltic $50
Connecticut $1,000
Virginia $2,000
New York $5,000
Illinois $10,000
Marvin Gardens $25,000
Pennsylvania Ave. $50,000
Boardwalk $1,000,000
Railroads $500


I show the expected value of 1,000 cards (or 2,000 properties) to be $3.09. In other words each card (of two properties) is worth 0.3 cents.
Last edited by: Wizard on Apr 13, 2016
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
ThatDonGuy
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April 13th, 2016 at 2:50:18 PM permalink
Quote: GWAE

I am confused. Maybe I am dumb or they just screwed up.

There are 513,591,720 pieces

Odds of winning Boardwalk
One (1) prize is available in the Game. 1 in 513,591,720

Odds of the 5k through 50k There are 5 of each winning piece
Five (5) prizes are available in the Game
the approximate odds of collecting the Winning Combination (Pacific Avenue, North Carolina Avenue and Pennsylvania Avenue) are 1 in 513,159,085

Odds can't be near the same as the boardwalk, can they?


The odds of getting the set of pieces can.

Note that each "game piece" has 2 stamps (a property or one of the "instant win" prizes ($25, $50, or food)).
The probability of getting Boardwalk is 1 in 513,591,720.
The probability of getting both Boardwalk and Park Place (and thus winning the million dollars) is also 1 in 513,591,720, which I interpret as being possible only if the game piece with the Boardwalk stamp also has a Park Place stamp.
On the other hand, the probability of getting one of the five Pennsylvania Avenue stamps is 1 in 102,631,817. Apparently, somehow they figure the probability of getting both North Carolina Avenue and Pacific Avenue is 1 in 5.

Now there's a problem: if 1/10 of the game pieces have Pacific Avenue, 1/10 have North Carolina Avenue, and no game pieces have both, how many game pieces do you need to have a 1/5 chance of having them both?


Assume you have a bowl with 10 balls - one says Pacific, one says North Carolina, and the other eight are blank. The question is, for what value N does the probability that N draws with replacement will result in at least one Pacific and one North Carolina = 1/5?

If there are N draws, there are 10N possible sets of draws. 9N have no Pacifics drawn, and 9N have no North Carolinas drawn, but this counts the 8N draws that have neither Pacific nor North Carolina twice.
The total number of draws that do not have both = 9N + 9N - 8N
The total number that do have both = 10N - (9N + 9N - 8N) = 10N - 2 x 9N + 8N
The probability of getting a draw with both = (10N - 2 x 9N + 8N) / 10N
If this is 1/5, then 10N - 2 x 9N + 8N =10N / 5 = 2 x 10N-1
2 x 9N - 8N = 8 x 10N-1
Solve for N: 2 x 9N - 8N - 8 x 10N-1 = 0

Using Newton-Raphson, I get N = just over 6 as the only positive solution

Last edited by: ThatDonGuy on Apr 13, 2016
Wizard
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April 13th, 2016 at 3:59:07 PM permalink
Quote: ThatDonGuy

Now there's a problem: if 1/10 of the game pieces have Pacific Avenue, 1/10 have North Carolina Avenue, and no game pieces have both, how many game pieces do you need to have a 1/5 chance of having them both?



I show with 5 pieces will have a 14.67% of having both. 6 pieces is 19.93%.

Note: Answer corrected.
Last edited by: Wizard on Apr 13, 2016
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
ThatDonGuy
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April 13th, 2016 at 4:23:03 PM permalink
Quote: Wizard

I show with 4 pieces will have a 14.67% of having both. 5 pieces is 19.93%.


Are you sure?

I get 5 pieces having 14.67% and 6 having 19.9262%

What do you get with 2 pieces? It should be 2% (either Pacific and then North Carolina, or the other way around)

Wizard
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April 13th, 2016 at 4:49:01 PM permalink
Quote: ThatDonGuy

Are you sure?



Well, unlike Donald Trump, I've been known to be wrong before. Here is a table showing my probability of having a set by number of cards purchased. Maybe that will help us find our point of departure.


Pieces Probability Set
2 0.020000
3 0.054000
4 0.097400
5 0.146700
6 0.199262
7 0.253121
8 0.306838
9 0.359377
10 0.410017
11 0.458278
12 0.503860
13 0.546602
14 0.586445
15 0.623402
16 0.657543
17 0.688974
18 0.717825
19 0.744241
20 0.768376

"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
ThatDonGuy
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April 13th, 2016 at 4:58:00 PM permalink
Quote: Wizard

Well, unlike Donald Trump, I've been known to be wrong before. Here is a table showing my probability of having a set by number of cards purchased. Maybe that will help us find our point of departure.


Pieces Probability Set
2 0.020000
3 0.054000
4 0.097400
5 0.146700
6 0.199262
7 0.253121
8 0.306838
9 0.359377
10 0.410017
11 0.458278
12 0.503860
13 0.546602
14 0.586445
15 0.623402
16 0.657543
17 0.688974
18 0.717825
19 0.744241
20 0.768376



Your table shows 19.9262% for six, which is what I said, whereas you said five - unless by "five", you meant how many you needed after the first piece

Wizard
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April 13th, 2016 at 5:11:49 PM permalink
D'oh! It is always the stupid mistakes that get me.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
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