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lech,
A ha. Now I understand what you mean!
I love statistics.
Do you know that the chances of two people in a room of
30 sharing the same birthday is not
1/365 X 1/365
but actually something like 1 in 2.
It has something to do with there being 12 months and only 30 days in a given month.
Anyone want a link to the statistics lecture that explains the formula for solving the likelihood of multiple things in a row in a given string of things?
“You’re rich if you have $295,300,205.02 in the bank, but there are only 4 zeroes.”
Lech makes a good point and admittedly I didn’t get it at first. Plus, someone with that much money likely isn’t holding much in a bank account; they would have it in various investments.
Having said that, Legion’s underlying point is that the woman was filthy rich and, knowing Legion, I believe him.
lech,
A ha. Now I understand what you mean!
I love statistics.
Do you know that the chances of two people in a room of
30 sharing the same birthday is not
1/365 X 1/365
but actually something like 1 in 2.
It has something to do with there being 12 months and only 30 days in a given month.
some variation of n!, or just call my brother.
CGar- check your email. 🙂
Anyone want a link to the statistics lecture that explains the formula for solving the likelihood of multiple things in a row in a given string of things?
Ha! I was singing that song in the shower yesterday!!! Ah, the days of simple rap tunes.
Nite all.
I often wish I were a trader, DCB.
I wish I was a baller.
I wish I was a little bit taller.
“You’re rich if you have $295,300,205.02 in the bank, but there are only 4 zeroes.”
Lech makes a good point and admittedly I didn’t get it at first. Plus, someone with that much money likely isn’t holding much in a bank account; they would have it in various investments.
Having said that, Legion’s underlying point is that the woman was filthy rich and, knowing Legion, I believe him.
You are right Lech. You would probably make a good options trader.
Law is really boring.
Time to switch careers.
though legion did just say “many zeroes”, not just “many zeroes in a row”. Different and much less complex formula to solve for that.