Re:Flipping 10 heads in a row - a small probability demonstr...
by Estragon on Saturday August 20, 2011 @03:58PM
(#2907553)
There's a con based on this: send half your marks a prediction that the stock market will go up next week, and half a prediction it will go down. Repeat next week, restricting to whichever set received the correct prediction. After five weeks, you'll have a group of people who think you've accurately predicted stock market movements for five weeks in a row, and some of them will be prepared to pay for your next prediction.
[ Parent
| on HN ]
Re:Flipping 10 heads in a row - a small probability demonstr...
by billmcneale on Saturday August 20, 2011 @04:15PM
(#2907605)
I remember reading this anecdote to explain the anthropic principle:
http://beust.com/weblog/2010/08/17/fun-with-the-anthropic-pr...
Re:Flipping 10 heads in a row - a small probability demonstr...
by hobbsy on Saturday August 20, 2011 @10:21PM
(#2908334)
This reminds me of Derren Brown's The System:
http://en.wikipedia.org/wiki/Derren_Brown#Derren_Brown:_The_...
Re:Flipping 10 heads in a row - a small probability demonstr...
by eridius on Monday August 22, 2011 @12:58AM
(#2911366)
Do you watch Leverage too?
(Leverage is a TV show in its 4th season, and last week's episode included this very con http://www.tv.com/leverage/the-boiler-room-job/episode/13919...)