gambling question, whether it makes sense to gamble, if the chances are very small. Calculate the odds someone will take the grand prize if one million people goes, and odds are 1 in 1 million for each entry.
Odds are: 0.3678792572210609 that no one wins, i.e. 0.632120742778939 that someone wins. The number e is not related to this problem; it is the limit of (1+1/n)^n. Here we have odds of (1-1/n)^n that no one wins. Less
poisson as limiting cxase if binomial distribut5ion. Large number of trials with small prob. Thus Lambda = 1. find prob n = 0 in poisson with lambda = 1 = 1-1/e. Less
1/e = 0.3
1/1000000 is very small, so actual odd approaches the limiting case of 1/e. Less
Could you please tell me how long did we wait before having a feedback after your pre-screened interview?
Because I have been told to record a video for the two divisions I have applied to and I have not received any feedbacks so far.
Thank you :) Less