Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (128116)	11/10/2000 6:20:01 PM
From: andreas_wonisch	Respond to of 1570975

Joe, Re: Looks like you got it. At least one of us remembers something from the statistics classes. The problem is IMO that these probability problems often are not very intuitive. Just think of the birthday problem (how probable is it with 20 persons in a room that two of them have their birthday on the same day...) or things like that -- often intuition tells us other thing than reality is like. It's also interesting that in this particular case the probability for just getting at least 1100 heads is very small (1%). Without calculating it I'd expect a much greater probability. The humand mind isn't very good at estimating probablities. Andreas