Reply to: Whats the Odds?

[WTFH]

He's a bremainer?

You think 52/48 is the same as 50/50?

[vetran]

If you ignore a few facts, then sure, the probability is 0.5.

He's a bremainer?

[WTFH]

0.5 probability of getting heads on a coin toss? - Only two choices.

Getting heads a number of times in a row is a simple probability calculation - however the chance of the next coin toss being heads - is always going to be 0.5.

Coins have a physical thickness, therefore it is completely possible that a coin could land on its edge.
Coins also have patterns on them so one side may have more material than the other, therefore the centre of gravity may not be exactly in the physical centre of the coin.

If you ignore a few facts, then sure, the probability is 0.5.

[vetran]

Clearly you have not visited in years. Try a***t w***d....

Arses Wanted?

[BrilloPad]

Punternet?

Clearly you have not visited in years. Try a***t w***d....

[northernladuk]

Indeed. As any decent agent will avoid jobserve. They use specialist sites like *********. I don't think I will mention the one in my sector as I don't want others jumping in....

Punternet?

[BrilloPad]

Man that's just dumb.

Indeed. As any decent agent will avoid jobserve. They use specialist sites like *********. I don't think I will mention the one in my sector as I don't want others jumping in....

[northernladuk]

Yes it does. The Point I am making with the mathematical 1000:1 calculation is that the odds are very stacked against you if you chucking CVs at intermediaries via the likes of jobserve. There are limited barriers of entry and thus everyone and their dog does it. Its looking like a waste of time when there is large amounts of supply and limited or restricted demand.

Man that's just dumb.

Hope you are going to heed your conclusion and leave the contracting market so making it a little easier for us that have a clue.

Adios.

[BrilloPad]

0.5 probability of getting heads on a coin toss? - Only two choices.

Getting heads a number of times in a row is a simple probability calculation - however the chance of the next coin toss being heads - is always going to be 0.5.

It tends to be 51/49 - Gamblers Take Note: The Odds in a Coin Flip Aren't Quite 50/50 | Science | Smithsonian

Were you aware that if you toss 20 coins, the odds of getting 5 heads or 5 tails in a row is 25%?

[pauly]

No they are not.

0.5 probability of getting heads on a coin toss? - Only two choices.

Getting heads a number of times in a row is a simple probability calculation - however the chance of the next coin toss being heads - is always going to be 0.5.

[pauly]

Does the example near the bottom of the page about 1 in 5 to go through to a pool of two and then 1 in 2 to win cover your example?

Yes it does. The Point I am making with the mathematical 1000:1 calculation is that the odds are very stacked against you if you chucking CVs at intermediaries via the likes of jobserve. There are limited barriers of entry and thus everyone and their dog does it. Its looking like a waste of time when there is large amounts of supply and limited or restricted demand.

[vetran]

I tell people I know I am on the market and they give me a ring with an opportunity.

Doesn't everyone?

[northernladuk]

Actually, I did - https://www.mathsisfun.com/data/prob...dependent.html

Don't say anything about the non-linear reduction of odds. Coin tosses are always 0.5 probability versus a lumpy odds reduction in a typical PSL recruitment funnel.

Does the example near the bottom of the page about 1 in 5 to go through to a pool of two and then 1 in 2 to win cover your example?

[WTFH]

Coin tosses are always 0.5 probability

No they are not.

[pauly]

It's in the thread I sent you? You didn't read it did you?

Actually, I did - https://www.mathsisfun.com/data/prob...dependent.html

Don't say anything about the non-linear reduction of odds. Coin tosses are always 0.5 probability versus a lumpy odds reduction in a typical PSL recruitment funnel.