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bert's blog v1.21 Powered by glolg Programmed with Perl 5.6.1 on Apache/1.3.27 (Red Hat Linux) best viewed at 1024 x 768 resolution on Internet Explorer 6.0+ or Mozilla Firefox 1.5+ entry views: 1488 today's page views: 74 (5 mobile) all-time page views: 3241267 most viewed entry: 18739 views most commented entry: 14 comments number of entries: 1213 page created Sat Apr 5, 2025 05:28:04 |
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Saw my first traffic accident live a couple of days ago. The torrential rainfall in the late afternoons was a major factor, and it is on days like that, that one wonders why Singapore has a water crisis. I was patiently staring into the distance for SBS No. 198 to arrive, when there was an almighty bang. It was discernable enough from the incessant thunder that most of the commuters swivelled to look, and then came the fear for the involved; That was multiplied when we saw the motorcycle at the head of the pile-up, for as all know they fare the worst in any collision. Thankfully the rider appeared to be unscathed, probably since the taxi tailing him slammed on the brakes instantly after the motorcycle slipped. The second cab behind him suffered the most damage, with a crumpled bonnet and boot, but the container truck could have done more, I suppose. That put my life slightly more into perspective. Friday had me participating in a risk-taking experiment with a few of my friends, and which was basically a test of some very basic calculation of mathematical expectations. The final profit was actually most dependant on the initial dice roll to determine the simulation set one got, and I got a two. Let us see: Customer Group A buys from 0-40 units of a product, B from 10-30, and C from 15-25. All distributions are uniform (i.e. Group A is exactly as likely to buy 0 as to buy 40, or any other number). For my commission, it would be $5 if I "sold" anywhere from 27 to 36 units, and $10 if I sold 37 units or more. So clearly not choosing Group C was a no-brainer. For Group B, the chance of getting $5 commission would be 4/31, and for Group C the chance of $5 or more would be 14/41. As things went, I picked Group A and drew a slip of paper from the appropriate box to simulate my sales volume. "33". Thus my renumeration was $15 for roughly 15 mins' "work" (but in actuality something I might well have done for free on the Internet). A job paying that well would bring a $10K monthy salary for a 5 day work week with 8-hour days! Very briefly considered getting my "twin" to join in the fun :P Next: Dreams
sq said... i dun tink u shud put details of the experiment here.
anonymous said... my math's soo bad i don't unerstand what you're saying... pardon me.
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