Are there any mathematicians in the forum?

BernyJB

full member

Activity: 182

Merit: 190

Quote from: odolvlobo on February 15, 2022, 09:04:17 PM

Your question is slightly ambiguous. I'll try to answer the one I think you are asking.

There are 26³, or 17576, possible combinations of 3 letters. Since there is only one way to make BTC, the probability of a random 3-letter acronym being BTC are ¹/₁₇₅₇₆, or 0.0000568958. The probability of a particular camp not having the BTC acronym is 1 - ¹/₁₇₅₇₆, or or 0.9999431042.

Sorry, I realize I should've phrased it better. Embarrassed

Anyways, that was exactly what I meant. My question should've been: "What are the odds of something significant in your life having the exact same 3 letter acronym of your first investment?" Thank you, that clears it out nicely.

odolvlobo

legendary

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Quote from: BernyJB on January 31, 2022, 08:59:57 AM

Bitcoin has the same acronym as the Broward Transition Center, the concentration camp (I mean, the "detention center") where I was starved half to death for over 8 months in 2012, prior to my deportation from the US.
That got me thinking: what are the odds?

Your question is slightly ambiguous. I'll try to answer the one I think you are asking.

There are 26³, or 17576, possible combinations of 3 letters. Since there is only one way to make BTC, the probability of a random 3-letter acronym being BTC are ¹/₁₇₅₇₆, or 0.0000568958. The probability of a particular camp not having the BTC acronym is 1 - ¹/₁₇₅₇₆, or or 0.9999431042.

According to this list, https://en.wikipedia.org/wiki/List_of_immigrant_detention_sites_in_the_United_States, there were 363 camps in 2007-2009. Let's assume that each has a 3-letter acronym (they don't).

The probability of none of them having the BTC acronym is 0.9999431042³⁶³, or 0.979558.

The probability of at least one of them having the acronym BTC is 1 - 0.979558, or 2.0442%

BernyJB

full member

Activity: 182

Merit: 190

Quote from: ?? on ??

I study math and statistics in college right now.

Thank you! Can you tell me how to calculate it? Cool

BernyJB

full member

Activity: 182

Merit: 190

Here's something weird: I just realized (took me long enough, I know) that Bitcoin has the same acronym as the Broward Transition Center, the concentration camp (I mean, the "detention center") where I was starved half to death for over 8 months in 2012, prior to my deportation from the US.
That got me thinking: what are the odds?
I'm not interested in any "the odds are, like..." replies, but in the actual mathematical probability of the exact 3 letter combination happening.
I did learn mathematical probability in High School, but it's been a long time, and I don't remember anything about it, so if you guys can provide the equation for it, even better, so I can learn something.

Thanks in advance.

Topic: Are there any mathematicians in the forum? (Read 91 times)