How Close Can You Get to 80% of the Average Guess?

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Discussion Overview

The thread discusses a game where participants guess a number between 0 and 100, aiming to be closest to 80% of the average of all guesses. The conversation explores strategies, predictions about participants' behavior, and the outcomes of multiple rounds of the game.

Discussion Character

  • Exploratory
  • Debate/contested
  • Mathematical reasoning

Main Points Raised

  • Some participants express confidence in their guesses, with one stating, "I'm winning this."
  • There is speculation about whether players will guess rationally or choose random numbers, with questions about the potential for extreme guesses like 100.
  • Participants discuss strategies for guessing, such as trying to predict others' guesses to skew the average in their favor.
  • One participant mentions they have received five guesses so far, indicating ongoing participation.
  • After the first round, the average guess was 30, and 80% of that was calculated to be 24, with the winner guessing 23.
  • In the second round, the average was 38.8, leading to a winner who guessed 26, prompting surprise that the average moved up instead of down.
  • There are suggestions for modifying the game rules in future rounds, including using a random percentage instead of a fixed 80%.
  • Some participants express disappointment in their guesses, indicating they underestimated the behavior of others.

Areas of Agreement / Disagreement

Participants express a range of strategies and predictions, with no clear consensus on the best approach to guessing. The discussion reflects differing opinions on player behavior and the outcomes of the game rounds.

Contextual Notes

Participants note that the number of players may have influenced the average results, and there are discussions about the clarity of the game rules. There is also mention of a potential random number generator to select the percentage for future rounds.

Who May Find This Useful

Readers interested in game theory, strategy, and social dynamics in decision-making may find this discussion engaging.

  • #31
Physics_wiz said:
Here are the numbers I got for the second round:
38
15
26
73
42

The average was 38.8, 80% of the average = 31.04

franznietzsche won with his guess of 26, congratulations :biggrin:

I have to say that I'm surprised the average moved up instead of down, but this could just mean that the number of players wasn't enough or the rules weren't very clear. Anyways, no more rounds...thanks for participating though :biggrin:.

I knew it would go up :approve: . Just didn't think that much.
 
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  • #32
bah! i vastly underestimated the number of participants :(
 
  • #33
Oh, Physics_Wiz, we said that the percentage was to be chosen at random and that I was to going win that game. Give me back the $20!
 

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