What's the Deal?: The Mathematics of Deal or No Deal

The recent return of this classic game show prompts Pete and Noah to discuss the probability and statistics at work, to see if they can figure out what makes for a "good deal".  Join in as they dive into the mathematics behind the show.  They'll even present you with a challenge that could earn you a shout out on a future episode. • Deal or No Deal Data for this episode's challenge Leave us a voice message Find us on Twitter Send us an email Questions Answered in the Episode: • What is the expected value of the briefcases in Deal or No Deal, and how do you calculate it? • How do the mean and median of the briefcase amounts affect player perception in Deal or No Deal?