The Effect of Monopoly Group and Improvement Level on the Return on Investment of Monopoly Properties

School Name

Heathwood Hall Episcopal School

Mathematics

Non-Mentored

2nd Place

1st Place

Abstract

The purpose of this experiment was to determine the return on investment (ROI) for Monopoly properties with respect to the property’s improvement level (i.e. the number of houses/hotel) & the monopoly to which the property belonged. It was hypothesized that if a property was located farther clockwise from GO & had a greater improvement level, then its return on investment would be greater. The two independent variables were the improvement level and the property’s monopoly; the dependent variable is the return on investment. A total of 6 trials, each for a different improvement level (e.g. 2 Houses), were run using a Java code that simulated a four player game of Monopoly. Whole monopolies were randomly assigned to each of the four players, and property ownership remained constant throughout the experiment. The hypothesis was not fully supported as it was determined that no houses or hotels resulted in the lowest median ROI, while 1 Hotel resulted in the greatest median ROI. It was additionally concluded that the monopoly to which the property belonged had less of an effect on that property’s ROI than originally anticipated.

Location

Founders Hall 140 B

Start Date

3-30-2019 9:30 AM

Oral and Written

Group Project

No

COinS

Mar 30th, 9:30 AM

The Effect of Monopoly Group and Improvement Level on the Return on Investment of Monopoly Properties

Founders Hall 140 B

The purpose of this experiment was to determine the return on investment (ROI) for Monopoly properties with respect to the property’s improvement level (i.e. the number of houses/hotel) & the monopoly to which the property belonged. It was hypothesized that if a property was located farther clockwise from GO & had a greater improvement level, then its return on investment would be greater. The two independent variables were the improvement level and the property’s monopoly; the dependent variable is the return on investment. A total of 6 trials, each for a different improvement level (e.g. 2 Houses), were run using a Java code that simulated a four player game of Monopoly. Whole monopolies were randomly assigned to each of the four players, and property ownership remained constant throughout the experiment. The hypothesis was not fully supported as it was determined that no houses or hotels resulted in the lowest median ROI, while 1 Hotel resulted in the greatest median ROI. It was additionally concluded that the monopoly to which the property belonged had less of an effect on that property’s ROI than originally anticipated.