Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Probability question..should be easy but wording is bad.?

I have 30% chance of winning the lottery tomorrow. Using this magical spell (bear with me), I increase the likelihood of winning by 100%.

Two interpretations:

1. I increase the chance by 100% (meaning 100% increase of existing 30%, becoming 60%)

2. I increase the chance by 100% (meaning additive 30% + 100%, giving me 130%, which logically gets reduced to 100%)

Which interpretation makes more sense?

4 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    Neither. Probabilities should be represented as numbers between 0 and 1 inclusive. The statement is nonsensical (sorry). The English language is inherently ambiguous and also misused. It sounds like the communicator is trying to say that we should double the probability (which doesn't make much sense either).

    The word "by" implied multiplication by 100% ==> 1.0. You would "increase" the probability by nothing. The answer is .30 which is (.30) X (1.00) = .30.

  • Anonymous
    1 decade ago

    Number 1

    [edit] If you increase anything by 100% then you are doubling the thing you are increasing. Since you are increasing your likelihood of winning, the correct interpretation is that you are going to have a 60% chance of winning.

    Either way, you should buy a ticket!!!

  • Anonymous
    1 decade ago

    the first one is obviously the right answer..it makes sense,plain and simple!

    presuming that u got this sum as homework from school,i should say that the second possibility may be ruled out because the answer to that is infinite.it can be proved right or wrong.so obviously the school won't give u a sum which has a controversy in it.

    so yeah it's the first one,after using the spell,you will have a 60% chance of winning the lottery,since your chances have been doubled.

    hope u understand.good luck.

  • 1 decade ago

    One !

    aside from the fact that 100% of 30 is 30 ,not 100

    The definition of percentage is OUT OF ONE HUNDRED

    x/100 that is why the symbol is %

    30/100 = 30 %

    A common misconception ( even with so called accountants I have met ) is that some thing is 100% profit

    IT CAN NOT BE UNLESS YOU GOT IT FOR ZERO

    BY at £50 sell at £150 is NOT 150% profit

    It is 100/150 ( gain over total) = 66.6% profit

Still have questions? Get your answers by asking now.