numbers don't lie

Reply #11

relicco — Fri, 27 Apr 2007 11:43:29 GMT

i am not sure but it may be

Reply #10

Stack47 — Thu, 19 Apr 2007 02:17:27 GMT

Looking at it the other way - reduce the three fields by 30% and eliminate only those possibilities that contain all three of those numbers - then you wind up with 973 combinations, as there are only 27 possibilities that contain only the numbers 0, 1 and 2.

After I reduced the field by 30%, I could play those 343 combinations and also play the other numbers; 343 + 27 = 370. But 70% + 30% = 100% and 700 + 300 = 1000.

Hummmm.

Reply #9

johnph77 — Mon, 16 Apr 2007 05:43:03 GMT

Of course, when you reduce one field of 1,000 by 30%, you have 700 possibilities left. In the second example you are reducing three fields of 10 by 30% each and combining the results. And there are 343 combinations which do not contain the numbers 0, 1 or 2.

Looking at it the other way - reduce the three fields by 30% and eliminate only those possibilities that contain all three of those numbers - then you wind up with 973 combinations, as there are only 27 possibilities that contain only the... [ More ]

Reply #8

SirMetro — Mon, 16 Apr 2007 03:34:25 GMT

Deceit is commonly defined as intentional and/or deliberate misleading of others.

Sometimes, we all too often forget that silence can also be deceit.

Does that mean the last time you allowed the silence speak for you, were you also being deceitful

Reply #7

KY Floyd — Wed, 04 Apr 2007 05:00:37 GMT

I've got plenty of questions I'd ask if I won a jackpot, but at $100 an hour there aren't many hypothetical questions I need my accountant to answer.Most people could benefit from some good financial advice, but hiring advisors for advice about a jackpot you haven't won would be pretty ironic if the first piece of advice takes more than 30 seconds and isn't offered for free. IMHO, an advisor that would take your money in exchange for advice on what to do if you win is probably not going to put y... [ More ]

Reply #6

Stack47 — Tue, 03 Apr 2007 19:27:07 GMT

Floyd,

I wasn't saying that either of us were deceiving people, just that your example was a little more deceptive than mine.

Whether the chances of winning the lottery are expressed as 1 in 87,855 or 0.0014%, it's the same thing.

I agree and that's why Pennsylvania will advertise that each ticket in their 4th of July Raffle has a 1 in 80 chance of winning without mentioning each winning ticket only represents 1.24% of all the tickets sold.

People seem to be more influenced by jac... [ More ]

Reply #5

KY Floyd — Tue, 03 Apr 2007 16:28:25 GMT

I don't know where he was going either, but both of our examples are good ways to show that while numbers don't lie, what we do with them may be misleading to some, or at least counter-intuitive. Just because some people are fooled doesn't mean that there is any intent to deceive.By choosing to reduce each group of 10 by 3, you chose the pattern that resulted in the highest number of combinations. By reducing only 1 group of 10 by all 9, I chose the one with the fewest combinations. I don't kno... [ More ]

Reply #4

Stack47 — Tue, 03 Apr 2007 11:52:07 GMT

Have no idea where Conner was going but numbers can be deceiving.

Don't you mean the other 600 combinations? 1 X 10 X 10 = 100 possible combinations with 21 balls.

That's more deception than I used but very similar to how you turned around the odds of Mega Millions.

By using the proportion of 175 million:1, you made the case that if somebody bought 2000 tickets they had a 1 in 87,855 chance of winning. 175 million/2000 looks much better than the actual percentage of combinations; 20... [ More ]

Reply #3

KY Floyd — Fri, 30 Mar 2007 17:09:28 GMT

What happened to the other 357 combinations?

Don't you mean the other 600 combinations?

1 X 10 X 10 = 100 possible combinations with 21 balls.

On a related note, Mary has three apples. She gives two apples to Johnny. How many oranges does Mary have left

Reply #2

RJOh — Fri, 30 Mar 2007 13:38:56 GMT

I believe it goes:

Figures don't lie but liars figure.

Reply #1

Stack47 — Fri, 30 Mar 2007 11:11:57 GMT

Are you sure about that?

The Pick-3 has 1000 possible combinations and by reducing the field by 30%, there are 700.

1000 - 30% = 700

There are 3 sets of balls numbered 0 - 9 for a total of 30 and by reducing that by 30%, there are 21.

30 - 30% = 21.

If I play the remaining 7 digits, there are 343 combinations.

7 x 7 x 7 = 343.

What happened to the other 357 combinations?

700 - 343 = 357

numbers don't lie

Lawrence Connor — Wed, 28 Mar 2007 10:21:36 GMT

people do