MSB 1.02% 99.0¢ mesoblast limited

I'm no mathematician and this is a simplified take but here are...

  1. 10 Posts.
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    I'm no mathematician and this is a simplified take but here are my results.

    If we assume:

    p = .5 (50% chance of life)
    q = .5 (50% chance of death)
    n = 12 opportunities
    k = 10 outcomes of Life

    Using the standard binomial formula

    https://hotcopper.com.au/data/attachments/2119/2119099-1771c8eea8bad314dffbc52ac2d22b36.jpg


    There's a 1.6% or 1 in 62 probability this occurred by chance.
    In other words there is a 98.4% probability that this result did not occur by chance alone.


    Last edited by junglej1m: typo 26/04/20
 
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