3 ms·
> Your math is rather suspect; 1 in 5000 daily chance [. . .] for 10 days [. . .] that's a 1 in 500 The poster was correct. A 1/5000 daily chance is about 1/7
by lurquer 5y ago
> Your math is rather suspect; 1 in 5000 daily chance [. . .] for 10 days [. . .] that's a 1 in 500
The poster was correct. A 1/5000 daily chance is about 1/7 chance for a two year period.
Your math, on the other hand, is wrong.
If it didn’t seem wrong to you on an intuitive level (that is, if you didn’t know a binomial distribution would be necessary) you are at great risk for being easily misled.
- CobaltFire 5y agoApologies; I wasn't able to read the article and it seems I didn't interpret his statement correctly. My comment is left for posterity, and because I don't like editing after other's have replied.