Three guys are traveling cross country by car and they have reached the western plains desert. All three are dead tired but they haven't seen a motel (or anything) for hours. Finally, on the horizon, they spot a sign that reads "Motel". So they pull in and go to in to get a couple of rooms. The desk clerk tells them they only have one room left. "How much?" they ask to which the clerk replies, "30 bucks". "We will take it" and each of them pull a $10 bill out of their wallet, give it to the clerk, get the room key and head to the room. About 10 minutes later, the desk starts feeling bad about charging them full price for the room as it only has two beds in it and one of the three will have to sleep on the floor. So he pulls $5 out of the till and goes to the room to refund the three travelers some money. When he gets to the room and tells the three guys that he wants to refund $5, they huddle up and then tell the clerk, "we can't divide $5 equally 3 ways - so just give each of us $1 and keep $2 as a tip. So, they each paid $9 for the room. 3 X 9 = 27 plus $2 for the tip = $29. Where did the other dollar go?
I just made a restructure just in case signings I need to confirm soon would get me over. My math might have been off by $2M at most but the restructure should cover it if that's the case.
Yep. A company called Cronos is currently having to restate their earnings for the first three quarters of 2019 because of how they did the accounting on wholesale transactions of bulk resin. I kinda wonder if this sort of thing is what led those stoners to make their errors.
There is actually a really cool math problem this fallacy encompasses that makes it really tricky to catch the problem. It intuitively seems wrong but on paper it looks legit unless you know where the error is. I'll post it soon. I know a couple youtube videos that feature it.
Lol. I guess it's time for me to start on free agency. I've added six assistants and a consultant to the coaching staff, but zero players other than my draft picks.
The classic with the Monty Hall problem is that the way the problem is presented leaves out a critical piece of information. The true answer (as seen in the movie "21") is correct only on the assumption that this detail is there by design. If it's there by chance rather than design, the correct answer would be different. That's what caused the problem to be so well known - professors and other "experts" (such as Marilyn vos Savant vs The Straight Dope's Cecil Adams) disagreed with each other.