MONTY-HALL THEOREM : BAYES-PRICE RULE (BAYES THEOREM) FOR A THREE PARAMETER EVENT SPACE

This research report presents the statement of the Monty-Hall Theorem and provides a constructive proof by solving the classical Monty-Hall Problem.  It establishes the fact that the probability of winning the prize is indeed unaffected by a switched choice – very much unlike the most prevalent and widely accepted position held by the Leading Subject-Matter-Experts.