Let’s accept the conclusion that the small number of clean sweeps of Contestants Row is statistically significant, that all six winning contestants on a single episode of The Price Is Right come from the same seat less often than we would expect from chance alone, and that the reason for this is that whichever seat won the last item up for bids is less likely to win the next. It seems natural to suppose the seat which won last time — and which is therefore bidding first this next time — is at a disadvantage. The irresistible question, to me anyway, is: how big is that disadvantage? If no seats had any advantage, the first, second, third, and fourth bidders would be expected to have a probability of 1/4 of winning any particular item. How much less a chance does the first bidder need to have to get the one clean sweep in 6,000 episodes reported?

Chiaroscuro came to an estimate that the first bidder had a probability of about 17.6 percent of winning the item up for bids, and I agree with that, at least if we make a couple of assumptions which I’m confident we are making together. But it’s worth saying what those assumptions are because if the assumptions do not hold, the answers come out different.

The first assumption was made explicitly in the first paragraph here: that the low number of clean sweeps is because the chance of a clean sweep is less than the 1 in 1000 (or to be exact, 1 in 1024) chance which supposes every seat has an equal probability of winning. After all, the probability that we saw so few clean sweeps for chance alone was only a bit under two percent; that’s unlikely but hardly unthinkable. We’re supposing there is something to explain.

Continue reading “Figuring Out The Penalty Of Going First”

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