Archive for February 25th, 2004

Eddie Thomas, a better philosopher than he is a statistician, poses the following problem. He is interviewing five candidates for two jobs. Each candidate’s chance of receiving a job offer, a priori, is 40%. After interviewing four candidates Eddie wants to offer a job to the best of the four to protect against his taking […]

Aaron Haspel | Posted February 25, 2004 @ 11:11 PM | Heuristic