Not exact matches
As such, it may very well be probable that «nones» simply randomly don't
get represented as often, given the small sample size (you can ask on Cross-validated the
probability of the exact
outcome we see, especially adjusted for mimicry noted as the main reason).
To
get the total present value of the credit default swap we multiply the
probability of each
outcome by its present value to give
If the latest polling from Lord Ashcroft is sustained Labour will do rather better in the marginal seats that their share of the vote nationally would suggest thus making an
outcome where they
get fewer votes but more seats a greater
probability.
Instead of
getting a single answer, you use the equation to work out the
probabilities of certain
outcomes.
Because predicting
probability outcomes can be so challenging, you should abandon hope of
getting a perfect bracket and just focus on beating your pool - mates, says Lopez.
If you have an estimate of the
probability of various
outcomes (e.g.,
probability you can
get a job paying $ X,
probability you can
get a raise to $ X at your current job), then you can run some numbers, but from your post it seems like you already understand how that might work.
So if I had to handicap the
outcome it might look something like this: 60 %
probability that the offer
gets increased, either by management or by a third party, 20 %
probability that the buyout goes through in its current form and 20 %
probability that the buyout is voted down and falls apart.
With a fair coin, the
outcomes in different tosses are statistically independent and the
probability of
getting heads on a single toss is exactly 1⁄2 (one in two).
I do like what Sean Carroll had to say, and
getting the basics down is important, if not only to elevate credibility with others, but to help yourself see the
outcome probabilities of paths you could choose.
If you do this over 6 periods only you
get the following
outcome probabilities.
The two
outcomes we'll keep an eye on are quality (the
probability of hiring someone in the top 10 per cent of performance) and time (the number of weeks taken on average to fill the role, ignoring cases where the role never
gets filled).