The Effect of Monopoly Group and Improvement Level on the Return on Investment of Monopoly Properties
School Name
Heathwood Hall Episcopal School
Grade Level
11th Grade
Presentation Topic
Mathematics
Presentation Type
Non-Mentored
Oral Presentation Award
2nd Place
Written Paper Award
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.
Recommended Citation
Sobel, Andrew, "The Effect of Monopoly Group and Improvement Level on the Return on Investment of Monopoly Properties" (2019). South Carolina Junior Academy of Science. 216.
https://scholarexchange.furman.edu/scjas/2019/all/216
Location
Founders Hall 140 B
Start Date
3-30-2019 9:30 AM
Presentation Format
Oral and Written
Group Project
No
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.
