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Old 04-14-2007, 06:13 PM
fraac fraac is offline
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Join Date: Oct 2006
Posts: 752
Default Re: Russian Roulette

There is a better way to phrase this question. It's a well known test of statistics students' idiocy, apparently. Read it recently on this blog, I think: http://www.stat.columbia.edu/~cook/movabletype/mlm/

Something like: how much cash would make you accept a 1/20000 chance of immediate death?

My correct answer ('my answer' because we have to be intolerably conceited in this forum, I understand) is "the smallest amount of cash that means something to me... about 60 quid, which I can buy sex with."

Apparently many students would decline any amount of cash!
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