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I think that "arbitrarily small" is not enough, especially if you are running a business for decades. Try convincing your boss that the chance of all tickets b
by BoppreH 16y ago
I think that "arbitrarily small" is not enough, especially if you are running a business for decades.
Try convincing your boss that the chance of all tickets be winners (which would bring the business down) is "small enough".
- harryh 16y ago> I think that "arbitrarily small" is not enough, especially > if you are running a business for decades. Sure it is. How do you think casinos work?
- pmjordan 16y agoThey could eliminate uncertainty by choosing a fixed number of winners from a given block of tickets, using true random numbers.
- lkozma 16y agoArbitrarily small can be less than the chance that random atoms from your coffee rearrange themselves into a winning lottery ticket.
- shabda 16y agohttp://en.wikipedia.org/wiki/Prize_indemnity_insurance http://en.wikipedia.org/wiki/Prize_indemnity_insurance