SOLUTION: Suppose you are attending a Gambler’s anonymous meeting with 49 other people. A fellow attendee wants to bet you $1000 that no 2 people in the meeting were born on the same day of

Algebra ->  Permutations -> SOLUTION: Suppose you are attending a Gambler’s anonymous meeting with 49 other people. A fellow attendee wants to bet you $1000 that no 2 people in the meeting were born on the same day of       Log On


   



Question 257352: Suppose you are attending a Gambler’s anonymous meeting with 49 other people. A fellow attendee wants to bet you $1000 that no 2 people in the meeting were born on the same day of the year. Statistically speaking, would it be wise to accept the bet?
Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
Let n=50
1-%28365%2A364%2A363%2A362%2A361%2Aetc%2Ato%2A316%2F365%5E50%29=.970 probability at least 2 people have the same birthday.
97% chance you lose the bet!
.
Ed