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<p>[QUOTE="eddiespin, post: 336878, member: 4920"]OK all you odds-makers, it's been awhile since I took statistics, so I need you to check my math. What's the likelihood of finding a wheat showing on one end of a machine-wrapped and of course tightly-sealed roll? I know that question must keep a lot of us staring at the ceiling late at night. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> But here's how I have it. My experience says the likelihood of finding a wheat in a roll is 1/6. So that's my starting point. There are 50 cents in a roll and 2 ends, so the likelihood of a given coin ending up on an end is 1/25 (50 X 1/2). As the wheat reverse has to show on the end, the likelihood of that is 1/2. Therefore, provided my initial assumption is realistic: 1/6 X 1/25 X 1/2 = 1/300 = the likelihood of finding a wheat showing on one end of a roll. And of course a roll like that could be expected to garner a premium for you if you were to try to sell it. So, how'd I do? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="eddiespin, post: 336878, member: 4920"]OK all you odds-makers, it's been awhile since I took statistics, so I need you to check my math. What's the likelihood of finding a wheat showing on one end of a machine-wrapped and of course tightly-sealed roll? I know that question must keep a lot of us staring at the ceiling late at night. :D But here's how I have it. My experience says the likelihood of finding a wheat in a roll is 1/6. So that's my starting point. There are 50 cents in a roll and 2 ends, so the likelihood of a given coin ending up on an end is 1/25 (50 X 1/2). As the wheat reverse has to show on the end, the likelihood of that is 1/2. Therefore, provided my initial assumption is realistic: 1/6 X 1/25 X 1/2 = 1/300 = the likelihood of finding a wheat showing on one end of a roll. And of course a roll like that could be expected to garner a premium for you if you were to try to sell it. So, how'd I do? ;)[/QUOTE]
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