So you’re determined to play the lottery tonight, despite the overwhelming odds against winning. I know, $600 million is pretty tempting. But by now you’ve heard your chances are 1 in 175 million. Ronald Wasserstein, the Executive Director of the American Statistical Association, says it’s tough to grasp the smallness of “1 in 175 million” because we never see 175 million distinct objects. Here’s what he writes in a blog for The… Read More
How many of you played the Mega Millions lottery Wednesday for the first time, or first time in a long time, because the jackpot was $380 million? Yeah, me too. I bet you’re not playing tonight. For two reasons.