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To: RoosterRedux

Problem with this article is that it ironically forgets logic. The one in a quadrillion claim is only true if all events are independent. If there is a correlation between them, then the computation of odds go out the window.


38 posted on 01/27/2021 7:53:43 AM PST by CraigEsq
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To: CraigEsq

When somebody buys a Powerball Lottery Ticket they have a one in 292,000,000 chance of winning. If they buy two Lottery Tickets, they have a two in 292,000,000 chance of winning.

The actual odds are each Ticket has a 292,000,000 chance of winning, no matter how many you buy.

Some People think that if you by two Tickets, you have a one in 146,000,000 chance of winning. Using that Logic, you buy three Tickets and those odds become a one in 73,000,000 chance of winning. It goes on from there.

It just doesn’t work out that way in reality, much like Joementia winning the November Election.


49 posted on 01/27/2021 3:41:43 PM PST by Kickass Conservative (Don't blame me, I Voted for the guy who actually Won the 2020 Presidential Election...)
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