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You are not logged in. #1 20130108 03:54:22
Tough Math probability questionShould someone enter into a competition where he has a 1 in 1000 chance of winning, then as a winner gets entered into a second competition where he has a 1 in 1000 chance of winning what would the probability of him winning the second competition? #2 20130108 03:58:50
Re: Tough Math probability questionHi jasonbosche;
That question can only be answered in terms of expectation. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #3 20130108 04:11:32
Re: Tough Math probability questionOk great thanks. #4 20130108 04:16:15
Re: Tough Math probability questionHi;
It depends on how sure you are of the 1 chance in a 1000. If that is an estimated probability ( subjective probability ) then there is some room for error. If that is an exact probability ( objective probability ) like the odds of getting a six when you throw a die then In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #5 20130108 04:26:26
Re: Tough Math probability questionI would say its subjective probability because there is some skill in the game. Last edited by jasonbosche (20130108 04:27:00) #6 20130108 04:29:11
Re: Tough Math probability questionSure does change things, the question is much more complicated now. What do you mean by 20% skill, please be exact. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #7 20130108 04:56:32
Re: Tough Math probability questionLets say the game is mostly chance but there is a certain aspect of skill, like 20% of the game would be skill and 80% absolute game of chance. #8 20130108 05:03:06
Re: Tough Math probability questionhI jasonbosche;
The house edge against a good player in blackjack is very small, less than 1%. Against a good card counter they have a negative percentage depending on the game and the bet spread. Who knows how much of a disadvatage a bad player is at. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. 