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Fun with statisitics.
Feb. 18th, 2009 08:36 amFirstly though, Cool and bizarre pictures
I was listening on the radio t a report talking about bank bonuses and that there was a person who complained that the bank was taking too much risk.
As it turned out, he was right. But that doesn't actually mean anything. Hindsight is always 20-20. Here's an example: I can predict with 100% accuracy, the results of 5 coin tosses. I'll make 31 other predictions that are wrong...
I read in the Metro that 11% of girls aged 12-18 are allowed to have boys stay overnight. Sounds pretty awful doesn't it? But a third of that group is above 16. If 33% of that group are allowed boys to stay overnight, then that would explain the statistics perfectly, but wouldn't sound nearly as shocking.
I was listening on the radio t a report talking about bank bonuses and that there was a person who complained that the bank was taking too much risk.
As it turned out, he was right. But that doesn't actually mean anything. Hindsight is always 20-20. Here's an example: I can predict with 100% accuracy, the results of 5 coin tosses. I'll make 31 other predictions that are wrong...
I read in the Metro that 11% of girls aged 12-18 are allowed to have boys stay overnight. Sounds pretty awful doesn't it? But a third of that group is above 16. If 33% of that group are allowed boys to stay overnight, then that would explain the statistics perfectly, but wouldn't sound nearly as shocking.
