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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (27808)11/20/1997 2:15:00 PM
From: GlobalMarine  Read Replies (4) | Respond to of 35569
 
Hi Larry: My high school math is coming back to me now. You've got the picture right. The probablility of randomly flipping heads on a coin is 50% each time. The probability of randomly getting, say, 0.05 oz/ton on a fire assay is far lower. So while the probability of randomly flipping heads twice in a row is 50% X 50% = 25%, the probability of randomly getting 0.05 oz/ton twice on a fire assay may be, say, 10% X 10% = 1%.

Rand


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