### Mathematics and Monopoly

Monopoly (the Game) and Probability
(based on LEAP programme: mathematics @ Science Centre Maths workshop)
source: http://en.wikipedia.org/wiki

The game of Monopoly and its Rules
'Monopoly rules can sometimes be the subject of a little bit of debate, because a lot of people play with variant rules, like putting \$500 and all taxes in the middle, and then awarding that money to anyone who lands on Free Parking. But that's not part of the official Monopoly rules; that's just a house rule that folks use sometime. And there's nothing wrong with that. But here's the scoop on the official Monopoly game rules.'
source: www.monopoly-man.com

Stage 2: Probability (the Maths behind the Game)
Define the following terms used in Probability and complete the 5 Questions Quiz at the end of the topic.
1. Experiment
2. Outcome
3. Event
4. P(A)
refer to Mrs Glosser's site for information

article by Ian Steward

Read the above article and based on your experience in playing Monopoly, state whether it is a fair game. Provide evidence based on the probability concept to support your statement.

1-09 laying a game of Monopoly @ Science Centre Maths workshop during the 2010 LEAP: Mathematics

1-06 in action optimising winning strategies