The Price Is Right

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Mean, Median, Mode & Range

Ved Callen Vernlund

Informatics Mind Map

Ved Hope Spina

WebDesign

Ved Mindomo Team

CaiXuren Q2

Ved CAI XUREN N/A

The Price Is Right

Luck > Knowlege/Skill (Winning)

life

must be graced with opportunity and good fortune

we can create more advantageous situations

only skill is needed when bidding on contestents' row

i.e. bidding $ 701 or just $ 1

winning requires more luck than skill

contestants have little control over outcome

life?

Wheel spin

Plinko

but no control over where the Plinko disc lands

ranges from $0 to $10,000 each

can gain more tries by getting prices of various items correct

impove chances of winning

Consistency (Longevity)

content

prizes

furnature sets

vacations

new cars

games

big wheel spin

only two hosts

Drew Carey

Bob Barker

only missed one show in his 35 year career

same televsion station

CBS

same show time hour

over 40 years

Materialism (Prizes)

prizes are ways of getting contestants exictied and passionate about playing

keeps viewers watching

high ratings for daytime programming

represents desire for "things" in America

never satisfied with winnings

i.e.: disappointed with winning new furnature because new car was available

will long for something better, no matter how great the winning is

greed