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re: Monty Hall Spinoff Thread: St. Petersburg Paradox
Posted on 8/12/17 at 6:13 pm to KosmoCramer
Posted on 8/12/17 at 6:13 pm to KosmoCramer
I think he's saying the odds for each individual flip are 50/50.
The probability that you do it 100 times in a row are 1 in 1,267,650,600,228,229,401,496,703,205,376.
I feel pretty confident on this as I recall reading this from Marilyn vos Savant years ago but my track record today has not been great, as you can testify.
The probability that you do it 100 times in a row are 1 in 1,267,650,600,228,229,401,496,703,205,376.
I feel pretty confident on this as I recall reading this from Marilyn vos Savant years ago but my track record today has not been great, as you can testify.
1
Posted on 8/12/17 at 6:19 pm to mdomingue
This poster said in regards this previous post:
That's wrong. Each flip is 50/50 but the series of events isn't. The poster above is confused.
quote:quote:
You have a 1/2 chance of winning $1, a 1/4 chance of $2, a 1/8 chance of $4, and so on.
That isn't right. Each flip of the coin is 50/50. The coin has no memory nor control over the flip.
That's wrong. Each flip is 50/50 but the series of events isn't. The poster above is confused.
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