Originally posted by vetran
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Reply to: Whats the Odds?
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Previously on "Whats the Odds?"
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Originally posted by pauly View Post0.5 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 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.
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Originally posted by BrilloPad View PostIndeed. 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....
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Originally posted by pauly View PostYes 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.
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.
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Originally posted by pauly View Post0.5 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.
Were you aware that if you toss 20 coins, the odds of getting 5 heads or 5 tails in a row is 25%?
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Originally posted by WTFH View PostNo they are not.
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.
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Originally posted by northernladuk View PostDoes 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?
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I tell people I know I am on the market and they give me a ring with an opportunity.
Doesn't everyone?
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Originally posted by pauly View PostActually, 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.
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Originally posted by northernladuk View PostIt's in the thread I sent you? You didn't read it did you?
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.
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