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College and University Discussion
Reply to "NY Times article on strategies for applying to elite colleges"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No matter how many times you flip a coin, the odds are always 50/50. OP's statement that "Like the article says, keep flipping that coin, and you increase your chances of getting heads (or getting into an elite college) will increase" is wrong. Your chances don't increase or decrease each time. They are 50/50. [/quote] Right. But over many flips, the odds are higher than 50-50 that at least one of the results will be heads.[/quote] http://en.wikipedia.org/wiki/Gambler%27s_fallacy[/quote] This is the wrong theorem. It only applies to past not predicting future. The statement 'the odds are higher of a single heads with many flips' is mathematically correct.[/quote]
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