To: Carry_Okie
Mostly I've been bringing the problem of allocation of scarce resources under uncertainty. Another problem arises in cases where (real case) a New York City police spokesman claims that there are 200,000 heroin addicts in the city that steal $10,000 per day each to support their habit. The question is: should this be considered a significant problem?
93 posted on
05/19/2004 9:27:43 PM PDT by
Doctor Stochastic
(Vegetabilisch = chaotisch is der Charakter der Modernen. - Friedrich Schlegel)
To: Doctor Stochastic
Another problem arises in cases where (real case) a New York City police spokesman claims that there are 200,000 heroin addicts in the city that steal $10,000 per day each to support their habit. The question is: should this be considered a significant problem?
Yep, methinks tiz a problum wit significant figures of malordor of magnidude.
94 posted on
05/19/2004 9:35:43 PM PDT by
Carry_Okie
(A faith in Justice, none in "fairness")
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