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A comment on What can you do with money?. Parent comment

Re:What can you do with money? by some on Saturday July 28, 2007 @12:46PM (#37302)
No, because having done something 100 times without failure is not a proof of a low failure-rate.

Say your failure rate is 1%. Then the chance that you get away without failure in 100 tries is 37%. (0.99^100).

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Re:What can you do with money? by amichail on Saturday July 28, 2007 @01:07PM (#37309)
If your failure rate is 5%, then the chance that you get away without failure in 100 tries is 5.9%.
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Re:What can you do with money? by some on Saturday July 28, 2007 @01:15PM (#37310)
0.59%
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Re:What can you do with money? by amichail on Saturday July 28, 2007 @01:21PM (#37311)
So what sort of failure rate are you looking for? Everyone wants to go into space, no?
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Re:What can you do with money? by randallsquared on Saturday July 28, 2007 @09:37PM (#37378)
Well, some of us want to emigrate to space, but taking a several hour ride and coming right back isn't nearly so interesting. :)
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Re:What can you do with money? by some on Saturday July 28, 2007 @01:54PM (#37315)
Not sure if I want to.
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Re:What can you do with money? by Tichy on Monday July 30, 2007 @06:05AM (#37610)
Why?
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