What are the Odds?

What are the odds of anything? The top card in a deck is red -1/2. A heart -1/4. A 3 of hearts – 1/4*1/13 = 1/52. What are the odds of winning the lottery? Getting hit by an asteroid? Falling in love? Some odds are fixed by the parameters, some we can alter by our actions. Does it matter?

If you are faced with any decision between two choices, assuming a random outcome is possible, the odds  are 1/2 that any person will make the same choice as you. If the choice is a public washroom, some variables change.

odds

When faced with a decision, do you diligently, do the math? Do you know, because of experience? Do you decide intuitively? Some weird personal combination of all three? Have you kept a record of how things worked out? Is your judgement, like mine, clouded by bias and flawed memories?

I hear the expression ” what are the odds” at least once a week and wonder if we knew the odds (as calculated mathematically) would it change how we decide? What we decide? Why we decide?

I lean to intuition before logic so it likely doesn’t make a difference in my process. How about yours?

Make Today Remarkable, its your choice,

B

One thought on “What are the Odds?

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