IHL 0.00% 4.1¢ incannex healthcare limited

Probability was my favourite at high school. As you said, if the...

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    Probability was my favourite at high school. biggrin.png

    As you said, if the probability of success for each individual trial is 50%, then the probability of at least one being successful is 93.75%

    Probability that all four trials are successful = (0.5 * 0.5 * 0.5 * 0.5) = 6.25%
    Probability that at least one is successful = 100% - (0.5 * 0.5 * 0.5 * 0.5) = 93.75%

    Let's have some fun here and bump up the success probability to 70% based on the fact that variations of these concoctions have been proven successful in less formal settings:-

    Probability that all four trials are successful = (0.70 * 0.70 * 0.70 * 0.70) = 24.01%
    Probability that at least one is successful = 100% - (0.3 * 0.3 * 0.3 * 0.3) = 99.19%

    I think I prefer that one biggrin.png
 
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