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A Short Thought

A very small difference among average values can turn into a big difference in the "tails" of the normal distribution. For instance: If the average 100 yard dash for a guy with dark hair is

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Old 09-23-2006   #1 (permalink)
Spladle is offline
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A Short Thought

A very small difference among average values can turn into a big difference in the "tails" of the normal distribution. For instance: If the average 100 yard dash for a guy with dark hair is 12.3 seconds, and a redhead is 12.1 seconds, then a random dark haired guy is maybe 45 percent likelier to beat a random redhead in a race. But if I knew the winner broke 10 seconds flat, I could probably lay 5-to-1 odds that it was the redhead that won. (It is for this reason that people form stereotypes when there is only a modicum of truth to them.)
 
Old 09-23-2006   #2 (permalink)
rawbone8 is offline

spoken like a savvy gambler who works it rather than relying on luck
 

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