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.

Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: software salesperson who wrote (10307)	2/5/2004 9:14:33 PM
From: A.J. Mullen	Read Replies (1) \| Respond to of 52153

No worries, maybe I was splitting hairs. And, since you asked,...with regard to 50 people each of whom had a 60% probability of being right, then the chances of just being right, ie having 26 people right and 24 wrong are (from high school): 0.6*260.4*2450!/(26!24!) (Notation 4!= 4321, and 4*3= 44*4) The probability of a simple majority being correct is that number summed with the probability that exactly 27 (28, 39...50) people would be right. You didn't want a number did you?