In post 198, inspiratieloos wrote:Why is anyone opening boxes anyway?
because before you had good odds at winning an exemption
In post 198, inspiratieloos wrote:Why is anyone opening boxes anyway?
In post 201, inspiratieloos wrote:... You have no knowledge of statistics do you? There was never any chance of improving the estimated value on getting money, just on reducing the odds of me getting an exemption by following a very specific strategy.
In post 204, inspiratieloos wrote:Whatever you do, the total chance of earning money is either 0% or 40% (for every scenario where you increase the chance of getting money there is a scenario where you decrease the chance of money). Whatever you do the chance of me getting an exemption is either 0% or 60%.
So I'm wondering why anyone is picking up a box before discussing what you want to do.
Pedit: Nope, as a strategy it is flawed because you can't guarantee that the odds will improve. It's very similar to playing a Martingale system at roulette.
In post 205, Blackberry wrote:
What are you talking about? Currently there is a 50% chance you'll get an Exemption, 50% we will get money. If you know statistics, you know that once an event happened, what the game started as no longer is the starting point. Where do you get 40/60 from?
In post 204, inspiratieloos wrote:Whatever you do, the total chance of earning money is either 0% or 40%(for every scenario where you increase the chance of getting money there is a scenario where you decrease the chance of money).Whatever you do the chance of me getting an exemption is either 0% or 60%.
So I'm wondering why anyone is picking up a box before discussing what you want to do.
Pedit: Nope, as a strategy it is flawed because you can't guarantee that the odds will improve. It's very similar to playing a Martingale system at roulette.
In post 205, Blackberry wrote:In post 204, inspiratieloos wrote:Whatever you do, the total chance of earning money is either 0% or 40% (for every scenario where you increase the chance of getting money there is a scenario where you decrease the chance of money). Whatever you do the chance of me getting an exemption is either 0% or 60%.
So I'm wondering why anyone is picking up a box before discussing what you want to do.
Pedit: Nope, as a strategy it is flawed because you can't guarantee that the odds will improve. It's very similar to playing a Martingale system at roulette.
What are you talking about? Currently there is a 50% chance you'll get an Exemption, 50% we will get money. If you know statistics, you know that once an event happened,what the game started as no longer is the starting point. Where do you get 40/60 from?
In post 212, Chevre wrote:inspiratie, I don't get all your fancy hoo-ha odds talk, but by opening boxes, we have a CHANCE of improving our odds for the choice that ultimately matters. Obviously, it's not going so well, but still...
In post 217, Blackberry wrote:We should let Xtoph (my #1 mole suspect) open a Box and see what happens!
If it's Exemption, we STOP. Doot doot doot!
If it's moneywe know who the Mole iswe can open another Box .
In post 218, Xalxe wrote:In post 217, Blackberry wrote:We should let Xtoph (my #1 mole suspect) open a Box and see what happens!
If it's Exemption, we STOP. Doot doot doot!
If it's moneywe know who the Mole iswe can open another Box .
Alternatively, we could stop opening boxes and let inspie take the 50/50 shot.
In post 174, Art Rooijakkers wrote:You may eliminate however many boxes from play that you wish.