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A likely trade-off

Probabilities are hard to understand, but some mistakes may not be what they seem

Koen Smets
7 min readJul 31, 2020

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Chance is a bit of a slippery concept for many of us. We can grasp that, if we toss a fair coin, the likelihood of heads (or tails) as a result is about 50%. If we roll a die, we also understand that each number between 1 and 6 is equally likely to turn up. We may even be able to work out that, when a colleague informs us that her new neighbours have three children, the chance that these all have the same gender is 1 in 4.

Yet even only slightly more complicated questions tend to faze us. If there are three of you in a room, the chance that at least two people have the same birthday is quite small — we get that intuitively. (It is in fact less than 1%.) But how many people would there need to be in a room for it to be almost certain that at least two of them share a birthday — say more than 99%? Our intuition might suggest something like 99% of 365. That feels nicely symmetrical: with three it’s less than 1%, so with about 365–3 it should be more than 99%. But unless you know the answer or are a probability calculus wizard, you might be surprised to learn that the correct answer is 57. (See the Wikipedia entry on the Birthday Problem to find out more.)

When less likely seems more likely

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Koen Smets
Koen Smets

Written by Koen Smets

Accidental behavioural economist in search of wisdom using insights from (behavioural) economics in organization development. On Twitter/Bluesky as @koenfucius

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