Raphael J.
asked 12/10/20If there is a 2.3% chance of something happening, what are the odds it NOT happening 400 and 500 times in a row?
500 is my main question but 400 would also greatly help.
Thank you very much in advance.
1 Expert Answer
Raymond B. answered 12/10/20
Math, microeconomics or criminal justice
chance of not happening = 100%-2.3% = 97.7% on each time
for 400 times the chance is (.977)^400
plug that into a scientific calculator to get
9.07455814 x 10^-5 which is
0.00000907455814 or
0.000907455814% chance of never happening in 400 tries
for 500, it's (.977)^500=
8.85690241 x 10^-6 =
0.000000885690241 =
0.0000885690241% chance of never happening in 500 tries.
Raphael J.
Hello Raymond, thank you very much. I did the calculations on a scientific calculator : (.977)^400 and 9.07455814 x (10^-5) And they both gave 0.0000907455814, which is 1 less 0 than the answer you provided. Given I am about to calculate quite a few of theses, I was just wondering if it was just a typo or if I missed a notion. Thank you again in advance.12/11/20
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Raphael J.
Hello Raymond, thank you very much. I did the calculations on a scientific calculator : (.977)^400 and 9.07455814 x (10^-5) And they both gave 0.0000907455814, which is 1 less 0 than the answer you provided. Given I am about to calculate quite a few of theses, I was just wondering if it was just a typo or if I missed a notion. Thank you again in advance.12/13/20