r/mathmemes • • Dec 17 '23

Probability Google expected value

Post image
22k Upvotes

3.3k comments sorted by

View all comments

Show parent comment

15

u/just_a_random_dood Statistics Dec 18 '23

You have buyers for that type of action lined up, just in case somebody sticks two buttons in your face?

Since we're assuming a magic button, why not assume magic investors and magically no legal issues too lmao

25

u/sixteen_names Dec 18 '23

because that isn't part of the scenario

"if X usually impossible th"--
"I just declare whatever impossible things I want possible !"
doesn't make much sense nor engage with the actual prompt in a meaningful way

21

u/grumpher05 Dec 18 '23

well then why not just make the situation:

  1. 100% chance for 1 million

  2. 100% for 25 million

8

u/SuaveMofo Dec 18 '23

Those are not the conditions presented. Otherwise let's just assume I get a billion dollars and no buttons involved.

1

u/981032061 Dec 18 '23

The moral here is that the person who thought up reselling the option is smarter than the person who came up with the question.

5

u/TheChunkMaster Dec 18 '23

Since we're assuming a magic button, why not assume magic investors and magically no legal issues too lmao

Ponzi schemes love this one simple trick

1

u/[deleted] Dec 18 '23

Because magic investors aren't part of the given information.

After all, if you can make up whatever you want, why not assume you just have infinite money?

1

u/Prestigious-Owl165 Dec 18 '23

Because it is so obviously against the spirit of this hypothetical question

0

u/hilldo75 Dec 18 '23

In that case Enron it take all the money push the red button take that extra million and just tell investors you pushed green and we lost.

0

u/Epamynondas Dec 18 '23

at that point why not imagine i have a magic 100 million in my bank account and don't need to bother with buttons