Use your brain
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04092009, 04:37 AM #51

04092009, 04:45 AM #52
And my brain says that gambling wields the greatest chance for 99% of the world population, to earn billions. xD
Winning 27 times in a row has a 1 in 2916 chance of succeeding. On a world population of 6 billion people, this would mean that 2 million people would become billionaire's this way.
Turning 6 billion dollars into 2 (how much is a million billion?) dollars. (Since all that loose would only loose a dollar most.).
Unfortunatly, casino's don't have that kind of money. :P

04092009, 04:49 AM #53
You know, when you think of it that way. You have a chance of becoming a billionaire by spending 2916 dollars.
Ofcourse, chance is relative. You might not get the monies until you've spend like a million dollars. Out of the 6 billion dollars spend on the world population, only 2 million get the win. If you keep ending up on the wrong side, tough luck. :P

04092009, 05:06 AM #54
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04092009, 05:14 AM #55
Ehh, probability factor are mathematical terms to reach near certainty. But I doubt you would need to flip a coin 7,450,580,596,923,828,125 times until you have throw heads 27 times in a row in actual practice.

04092009, 05:19 AM #56
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04092009, 05:23 AM #57
Well, I maybe worded it wrongly.
All I'm saying is that it's a parabolical function.
The chance to get close to the mathematical number 1 is parabolical, 1/100000 might already have a 90% chance, even though to reach as close to 1 as probability applies, is 1/7,450,580,596,923,828,125
So, in practice, you will most likely reach the winning number WAAAAY before the mathematical probability factor.

04092009, 05:35 AM #58
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import java.util.*;
public class CoinToss {
public static void main(String args[]){
int count;
double tries = 0;
int end = 20;
count = 0;
Random rand = new Random();
while(count < end){
tries++;
int num = rand.nextInt() % 2;
if(num == 0){
count = 0;
}else{
count++;
}
if(tries%100 == 0){
System.out.println("The number of Tries: "+tries);
}
}
System.out.println("The number of Tries: "+tries);
}
}Join my gamma group on facebook:
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04092009, 05:37 AM #59
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It works up to 20 but crashes on 27.
Join my gamma group on facebook:
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Thats if you are either ENTJ, ISFJ, ESFP or INTP

04092009, 05:38 AM #60
 Join Date
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 Posts
 132
Yes sometimes it might come before in practice but the mathematical value you gives the most likely value.
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