LogFAQs > #907519682

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Topic	A probability question
GanglyKhan 08/25/18 11:15:59 AM #30:	MICHALECOLE posted... Somebody offers you a 90% chance to double your 500$. If youre wrong, you lose your 500$. Do you take it? It depends on the situation, it depends on whats going on in your life, it depends on how much 500$ means to you in that moment I'd take those odds/chances/risks/I don't know the mathematically correct term for this <cite>GanglyKhan posted [p:907519682] in A probabil... [t:76935171]...</cite> <quote><cite>MICHALECOLE posted...</cite> <quote>Somebody offers you a 90% chance to double your 500$. If youre wrong, you lose your 500$. Do you take it? It depends on the situation, it depends on whats going on in your life, it depends on how much 500$ means to you in that moment</quote> I'd take those odds/chances/risks/I don't know the mathematically correct term for this</quote> ... Copied to Clipboard!
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