You have a chance to win a prize if you choose a RED jellybean from a jar of WHITE jellybeans. Would you rather choose a jar with 1 RED bean and 9 WHITE beans or 8 RED beans with 92 WHITE beans?

Discussion (6)

What are your thoughts?

Learn how to style your text

1M45

13 Nov 2020

Do i get to peek into the jar ?😆

It doesnt make a different if i can see where is the red jelly bean.

Save

View 1 replies

Jiayee

13 Nov 2020

Salaryman at some company

Would go with the higher calculated probability (1/10 instead of 8/100) unless there's some factor negatively affecting the expected probability for 1/10 such that it falls below 8/100.

Save

View 1 replies

13 Nov 2020

In either scenario, do we get to draw only once?

Assuming one draw for each scenario,

1 red be...

Write your thoughts

Why would anyone pay monthly maintenance fees of $1,000 or more for a condo ? Are luxury condo units in districts 9 and 10 such as Ardmore Park, Draycott 8 and The Claymore worth it?

Why aren't lucky draws such as the one provided by Shopee ($1 Big Prize - you spend SG$1 to potentially win a misc prize), where no skills are required considered to be legal in Singapore?

The Mega Millions jackpot in the U.S has recently hit $1 Billion. If you win the jackpot, would you opt for annuity(annual payments over 29-years) or would you opt for the lump sum of $548M? ?

If you're given the chance to see the ending years of your life, would you take the opportunity to glimpse your future or would you choose otherwise?

To Seedly Team, It seems you guys made a rather rookie mistake by encouraging people to post more to win a few prizes.... Don't you think so?

Why would anyone pay monthly maintenance fees of $1,000 or more for a condo ? Are luxury condo units in districts 9 and 10 such as Ardmore Park, Draycott 8 and The Claymore worth it?

Why aren't lucky draws such as the one provided by Shopee ($1 Big Prize - you spend SG$1 to potentially win a misc prize), where no skills are required considered to be legal in Singapore?

The Mega Millions jackpot in the U.S has recently hit $1 Billion. If you win the jackpot, would you opt for annuity(annual payments over 29-years) or would you opt for the lump sum of $548M? ?

If you're given the chance to see the ending years of your life, would you take the opportunity to glimpse your future or would you choose otherwise?

To Seedly Team, It seems you guys made a rather rookie mistake by encouraging people to post more to win a few prizes.... Don't you think so?