wrote:

On Fri, 25 Feb 2005 17:16:35 -0800, Ron Garret
wrote:


That's true, but the longer you fly (or play the lottery) the closer
your probability of experiencing an engine failure (or a lottery win)
some time your career approaches 1.

Of course, you might have to fly/play for a *very* long time before that
probability actually gets close to 1, but sooner or later it will be 1
to any desired degree of accuracy. So the statement "fly long enough and
you will experience an engine failure" is pretty close to being true.
The question is how long is "long enough."

rg



This just ain't so.

Every time you play the lottery, it's like the first time you ever
played it.

It doesn't matter whether you won a jillion yesterday, or haven't won
in 50 years, or never played. The odds are exactly the same.

Yes, for every given play you are correct. However, Ron is correct that
in aggregate, someone who plays more often has a higher overall chance
of winning at some point than a person who only plays once in their
lifetime. At least I think that is the point he was making.


Matt