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Of course, the realtor wants you to buy the house that gives them the higher commission, so, as a hobby magician, your realtor has two coins and flips the one t
by irrational 5y ago
Of course, the realtor wants you to buy the house that gives them the higher commission, so, as a hobby magician, your realtor has two coins and flips the one that they know will result in their desired outcome. That whole story about not knowing is just standard misdirection.
- smallnamespace 5y agoAsk the realtor to flip the coins until either HT or TH shows up. Those have equal probabilities, regardless of initial bias.
- exmadscientist 5y agoNot if you do it "streaming", just flipping until you get either pattern. (Suppose T is very rare. Then you'll always start with HHH..., so you'll always get HT.) You have to "chunk" them, considering exactly two flips at a time and using each flip exactly once, to get biases to cancel out.
- function_seven 5y agoI've heard people talk about a tough housing market, but this is enough to make me buy an RV instead, and hop from park to park.