Math question for you guys! - Page 2

Flanker · 12-16-2005, 01:06 AM

Haha, nice work Chankama.

What I was thinking was that there was a 1 in 5 chance that it would not be renewed, so after 5 years, it would not be renewed, so yea...thats my noob math thing, lol.

gimli of gloin · 12-16-2005, 04:50 AM

Quote:

Originally posted by RadRacer
OK. If the company likes the contract and is happy with it, the probablility may go up, but if they don't, it will go down. Since you stated it will 80% each time, then it wouldn't be lowering each time they renew. So, they may renew it an infinite amount of times, since the percent of them renewing is constantly 80%. You didn't say that next time they renew, they're chance of renewing may be 80% of their last chance, you just said that it would be 80%. That gives the impression that it will always be 80%.

What do you guys think?

i was thinking that...meh

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12-16-2005, 01:06 AM	#11 (permalink)
Flanker Banned Join Date: Jul 2005 Posts: 2,402	Haha, nice work Chankama. What I was thinking was that there was a 1 in 5 chance that it would not be renewed, so after 5 years, it would not be renewed, so yea...thats my noob math thing, lol.