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To: FlJoePa

Odds don’t depend on past statistics. They’re independent of one another.


4 posted on 02/07/2014 7:25:02 PM PST by Telepathic Intruder (The only thing the Left has learned from the failures of socialism is not to call it that)
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To: Telepathic Intruder

Yep. This machine could go another 20 years and never pay off, if it lasts that long.


5 posted on 02/07/2014 7:28:13 PM PST by doc1019
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To: Telepathic Intruder

True, but...there are ways to test a coin for fairness. And when you get to 20 years with no tails, you need to check and see if you’ve got a two-headed coin ;-)


7 posted on 02/07/2014 7:31:15 PM PST by JoeDetweiler
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To: Telepathic Intruder

Sure. I took 400 level stat and econometric classes at PSU. I get that part of it.

But...it seems odd that it hasn’t cracked when it is being played 24/7.


8 posted on 02/07/2014 7:33:20 PM PST by FlJoePa ("Success without honor is an unseasoned dish; it will satisfy your hunger, but it won't taste good")
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