tag:blogger.com,1999:blog-15628310.post7338237914705732842..comments2019-10-14T19:41:27.230-04:00Comments on Question of the day: Birthday WagerUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-15628310.post-76185471921772401182008-08-29T11:51:00.000-04:002008-08-29T11:51:00.000-04:00We had this problem in probability and statistics ...We had this problem in probability and statistics coincidentally. Turns out if there were about 40 people at the party it would be worth the wager, for birth date itself and not just month.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15628310.post-5079572318601924322008-08-07T11:05:00.000-04:002008-08-07T11:05:00.000-04:00You're right, Abe. The odds here are so low the b...You're right, Abe. The odds here are so low the bet isn't worth it. I should have written this differently.Mikehttps://www.blogger.com/profile/18153935609499338685noreply@blogger.comtag:blogger.com,1999:blog-15628310.post-58409167661336898072008-08-06T12:18:00.000-04:002008-08-06T12:18:00.000-04:00Mike, I think there is a mistake in this problem. ...Mike, I think there is a mistake in this problem. The expected value for you is way way negative. Did you mean birth month? Even then, your expected value is little negative, but you have a greater than 50% chance of finding someone with your birth month. I could be wrong about what you were intending, but take another look.Abehttps://www.blogger.com/profile/04424868492071587450noreply@blogger.com