Statisticians are always looking for ways to convince people not to play the lottery. Here’s another reason (from Eliezer Yudkowsky).
Statisticians are always looking for ways to convince people not to play the lottery. Here’s another reason (from Eliezer Yudkowsky).
I like the statement "Lotteries are a tax on stupidity." I thought that games of luck were also taxes on stupidity, but it turns out that thinking about risk, making bets and judging the emotions of people are often useful skills.