Mind Your Decisions

How Often Are Lottery Ticket Numbers In Increasing Or Decreasing Order? Sunday Puzzle

Consider a lottery that involves drawing 5 different numbers, in order, from the numbers 1 to 60. Your friend gets the ticket 1, 19, 32, 44, 53 and remarks, “Wow, all the numbers are…

- 3 weeks, 3 days, 19 hours, 6 minutes ago

A Betting Strategy That Always Works Eventually, In Theory. Game Theory Tuesdays

I came across a fun video from Looking Glass Universe which reminded me about a topic I have not yet covered on this blog. A paradox in probability Description of idea from video Consider…

- 1 month, 2 days, 6 hours, 7 minutes ago

A Betting Strategy That Always Works Eventually, In Theory. Game Theory Tuesdays

I came across a fun video from Looking Glass Universe which reminded me about a topic I have not yet covered on this blog. A paradox in probability Description of idea from video Consider…

- 1 month, 2 days, 6 hours, 7 minutes ago

Can You Solve The Poisonous Flowers Problem? Sunday Puzzle

Martin is a gardener in Mathland. There are 100 poisonous flowers in his garden that he wants to destroy. On their own, the flowers do not change in number. Martin has a spray to kill the…

- 1 month, 4 days, 6 hours, 7 minutes ago

Can You Solve The Poisonous Flowers Problem? Sunday Puzzle

Martin is a gardener in Mathland. There are 100 poisonous flowers in his garden that he wants to destroy. On their own, the flowers do not change in number. Martin has a spray to kill the…

- 1 month, 4 days, 6 hours, 7 minutes ago

Why Walmart’s No-Haggle Car Buying Might Be More Expensive Than Basic Negotiating. Game Theory Tuesdays

Walmart is entering the business of selling cars, joining Costco as another retailer that is offering no-haggle, up front, car pricing. The retailers are not actually selling cars in their…

- 1 month, 1 week, 2 days, 6 hours, 7 minutes ago

Why Walmart’s No-Haggle Car Buying Might Be More Expensive Than Basic Negotiating. Game Theory Tuesdays

Walmart is entering the business of selling cars, joining Costco as another retailer that is offering no-haggle, up front, car pricing. The retailers are not actually selling cars in their…

- 1 month, 1 week, 2 days, 6 hours, 7 minutes ago

Can You Solve The Secret Word Logic Puzzle?

A teacher writes six words on the board: cat dog has max dim tag The teacher hands a piece of paper to Albert, another to Bernard, and another to Cheryl. The teacher explains each paper…

- 1 month, 1 week, 3 days, 19 hours, 7 minutes ago

Which Lottery Jackpot Gives The Highest Expected Value? Why The Largest Jackpots Are Not The Best. Game Theory Tuesdays

Since it always costs $2 to buy a lottery ticket–regardless of the jackpot size–and you have about a 1 in 292 million chance of winning the jackpot, you might think buying a…

- 1 month, 2 weeks, 2 days, 6 hours, 7 minutes ago

A Special Right Triangle With Perimeter 1. Sunday Puzzle

The length of one leg in a right triangle is equal to 1/5 the sum of the other two sides. The triangle has a perimeter of 1. What is the area of the triangle? Watch the video for a…

- 1 month, 2 weeks, 3 days, 19 hours, 6 minutes ago