OK, I am not a statistics expert, but why would you multiply them? Every time they spin the barrel and pull a number is an independent event with...
Ummm... no. Look at your excel. It has four 9s. But when you typed your post, you put 3. Just do the calculation. 44991/44992=.999977773826458....
It is a good question. I wonder which would bring in the most buyers. Personally, if buying 100 tickets, I'd much rather be buying into 100/5000...
You might want to take a look at those numbers again. Your eyes are playing tricks on you. It isn't 1 - 0.9998, it is 1 - 0.99998. So its 0.00002...
No, I don't. It just isn't how statistics work. As I said above, even on the ninth car, your odds have only gone down to 1 in 44,992. To get to 1 in...
No. My comment is that each ticketholder's odds are far far less than the claimed 1 in 5000. HOW they mix the tickets has no affect on this. Because...
Just to be clear, that part of it is not my concern at all.
Thanks for chiming in, Steve. Any chance this issue would be fixed in the future? Or who I should direct my comments to? I think the best thing they...
Thanks for the reply, beastcharmer. Not to be a jerk... but that's a bit disappointing. So the claim that you are "guaranteed a 1 in 5000 chance" is...
I would imagine everyone received this same email, but just in case: http://www.bmwcca.org/node/4786 Forgive my ignorance, but this is the first...
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