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Comment by dmd

> if you take a 0.3% chance every day, you'll land it once a year.

"actualllyyy" you've got a 2 in 3 chance of landing it each year.

1-((1-(0.3/100))^365) = 0.66

EDIT: stop upvoting me, he's right. The question isn't "what is the probability of at least one success in a year", but rather "how many trials, on average, does it take to get one success" - and the answer to THAT is in fact 333, from the geometric distribution.

parent dmd 6 years ago

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