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Suppose for X million dollars we can either: A) Launch one rocket with a 90% chance of success B) Launch two rockets each with a 70% chance of success We sho
by dudeinjapan 4y ago
Suppose for X million dollars we can either:
A) Launch one rocket with a 90% chance of success
B) Launch two rockets each with a 70% chance of success
We should do (B) because it has a 91% chance that at least one of the rockets succeeds, and a 49% chance two rockets succeed--an outcome that is impossible under scenario (A). With the right telemetry, the 51% chance that at least one fails will give us valuable knowledge that helps us improve our rockets the next launch.
Of course, the calculus changes if we let failure-averse marketing people run our rocket company.
- 93po 4y agoThe calculus also changes dramatically based on the cost of the payload. If it's the JWTT you'd definitely want to double the launch cost to increase probability 20%.