![]() |
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#11
|
|||
|
|||
![]()
Doug Semler wrote:
One point I would make, Dudley, and that is that your statistic is still slightly "skewed." Although that I agree that you have "saved" 30,000-some-odd dollars, you have placed an inherint assumption in your "statisitic" that you will NEVER win. Unfortunately (or fortunately, depending on how you look at it), the lottery is not a zero sum game. Your statisitic has not taken into consideration any winnings that your 42 years of "ticket buying" would have produced. However, because of the fact that the ODDS are sufficiently low, I guess you could consider the skew close enough to zero to not consider it. Either way, it is just another example of how statistical data is subject to interpretation, and further explains why statisticians have jobs g "Statistically" buying a lottery ticket doesn't increase you chance of winning. i.e. The chance of winning isn't increased enough to be relevant "Statistically". |
Thread Tools | |
Display Modes | |
|
|
![]() |
||||
Thread | Thread Starter | Forum | Replies | Last Post |
Those *dangerous* Korean War relics | Kingfish | Piloting | 192 | June 19th 06 07:06 PM |
reporting dangerous aircraft | [email protected] | General Aviation | 4 | October 20th 05 09:15 AM |
Okay, so maybe flying *is* dangerous... | Jay Honeck | Piloting | 51 | August 31st 05 03:02 AM |
Dangerous Stuff | [email protected] | Rotorcraft | 21 | July 16th 05 05:55 PM |
Flying - third most dangerous occupation | David CL Francis | Piloting | 16 | October 22nd 03 02:38 AM |