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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Hey everyone it’s Bad at Math Tax Day!!![/quote] I am really good at math but I sometimes buy a lottery ticket. Do you know why? Because in between buying the ticket and the draw I get to imagine what my life will be like when I win. Rationally I know the chance is almost infinitesimally low, but $2 is a small price to pay for a little fantasy and escapism.[/quote] This is me. I do statistics for a living. But you know what? We learned in grad school that utility (aka happiness including fantasy and escapism) is also valuable, and while it’s hard to put a value on these it’s probably more than $2. As long as you aren’t gambling the house…:[/quote]
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