Free: Contests & Raffles.
There seems to be a general lack of awareness of how probability works in this thread.
Quote from: SteelheadTed on May 16, 2019, 05:48:51 PMThere seems to be a general lack of awareness of how probability works in this thread.
Quote from: Shawn Ryan on May 17, 2019, 03:13:35 PMQuote from: SteelheadTed on May 16, 2019, 05:48:51 PMThere seems to be a general lack of awareness of how probability works in this thread. I think the majority understand how the odds go but at least for me, I know that the difference between 5 points and 20 points for the "quality" tags is negligible in the grand scheme of things. When both have below 1% odds, the difference in those point totals don't really mean much to me.
Quote from: Shawn Ryan on May 17, 2019, 03:13:35 PMQuote from: SteelheadTed on May 16, 2019, 05:48:51 PMThere seems to be a general lack of awareness of how probability works in this thread. Thanks Ted I understand exactly how it works. I know 23 chances is better than 5, pretty easy math there. I also understand that the number of points had nothing to do with drawings tags in this state. It's just more chances in the barrel.
Not true. Using your 23 vs 5 chances, for example it use to be 5 chances out of 25 giving you 20 percent chance to draw but now it is 23 out of a 1,000 giving you a 2 percent chance to draw. That is what is being referred to that you truely do not understand. Cheers.
I’m pretty sure that I can hit an elk with 28 shots...but I’m also pretty sure that 10 guys with 10 shots each will hit it before me.
Can we get Cryder to chime in? I'm getting confused.