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Re: Probability question, cross post
pzhon is correct but if everyone has the same chance of having a number from 50 to 100, and all the events are independent, it's not too bad. If there are k other players, each with chance p of being in 50 to 100, your chance of winning is the sum from i = 0 to k of:
C(k,i)*p^i*(1-p)^(k-i)/(i+1) Which is 1/[p*(k+1)] times the sum from i = 0 to k of: = C(k+1,i+1)*p^(i+1)*(1-p)*(k-i) The sum is the sum from j = 1 to k+1 of: C(k+1,j)*p^j*(1-p)^(k+1-j) = 1- (1-p)^(k+1) So the answer is: [1 - (1-p)^(k+1)]/[p*(k+1)] If the p's are not equal, but there are a lot of them without too much variation, you might get a decent approximation by putting an average p into the formula above; or take the average using the maximum and minimum p's. |
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