Post
Topic
Board Collectibles
Re: Crypto Stamps- New Collectable Blockchain postage stamps
by
krogothmanhattan
on 26/06/2019, 16:41:06 UTC
Btw: Your chances for one or more red stamps is 40.5% if you ordered 50

Yes indeed, i got the same 1-(1-1500/150000)^50=0,405
That being said, the exact calculation involves the hypergeometric distribution. However i agree that,
in this case, the binomial distribution can be used instead.

Best regards




The only thing i am worried about this calculation is if it’s truly a random selection that they are offering to people.

I hope so too...but  then where humans are involved  Huh