Author Message

whoiskangaru

Rank 4
whoiskangaru
Joined
05 Nov 2012
Posts
3196
Location
Work Camp #22 Korea, North
PostedFeb 01, 2013 5:55 pm
100 million. 1 million isnt much today.

m4a1mk3power wrote:
No Kang thread should be locked or closed I said that very line as a gs too!!! Kang is the king get over it
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Wayzata

Rank 2
Joined
18 Nov 2012
Posts
689
Location
Iraq
PostedFeb 01, 2013 5:56 pm
MrYoti33 wrote:
Chuck Norris chooses the 1mil , Chuck Norris doesn't like to take chances , BTW dont be mean to people and tell them to Free Knights off Brazilian , if you see my profile or location , am trying to get WIFI in cuba Very Happy  

I was joking this time
& Get used to be calling words online

trainer772

Rank 5
trainer772
Joined
15 Feb 2012
Posts
3295
Location
Bowlofrice Korea, South
PostedFeb 01, 2013 6:04 pm
Some people let their worries get ahead of them and want to be able to ensure something will come out of their actions.

Statistical reasoning states that we would slap the 50% button for an average of $50,000,000 gain which is tremendous in comparison to $1,000,000. Therefore, by pressing the $1,000,000 button, we incur an opportunity cost of $49,000,000; in other words, it costs us $49,000,000 to press the $1,000,000 button.

In the case that you lose, there is no reason to regret losing since pressing the button was more profitable from the past standpoint. If it is no longer profitable now that you see it from the present standpoint, there's no reason to fret over the sunk cost of $1,000,000.

I would slap the 50% chance button. Pressing the mil button comes with an opportunity cost of $49,000,000, whereas pressing the 50% chance button only has a 50% chance of incurring a sunk cost of $1,000,000.

That having been said, please keep AVA general discussion AVA-related Rolling Eyes

Wayzata

Rank 2
Joined
18 Nov 2012
Posts
689
Location
Iraq
PostedFeb 01, 2013 6:07 pm
trainer772 wrote:
Some people let their worries get ahead of them and want to be able to ensure something will come out of their actions.

Statistical reasoning states that we would slap the 50% button for an average of $50,000,000 gain which is tremendous in comparison to $1,000,000. Therefore, by pressing the $1,000,000 button, we incur an opportunity cost of $49,000,000; in other words, it costs us $49,000,000 to press the $1,000,000 button.

In the case that you lose, there is no reason to regret losing since pressing the button was more profitable from the past standpoint. If it is no longer profitable now that you see it from the present standpoint, there's no reason to fret over the sunk cost of $1,000,000.

I would slap the 50% chance button. Pressing the mil button comes with an opportunity cost of $49,000,000, whereas pressing the 50% chance button only has a 50% chance of incurring a sunk cost of $1,000,000.

That having been said, please keep AVA general discussion AVA-related Rolling Eyes  

zzzzzzzzzzzz w/e

The2009RKO

GameSage: Alliance of Valiant Arms
The2009RKO
Joined
20 Apr 2010
Posts
5037
Location
Portugal
PostedFeb 01, 2013 6:11 pm
Wayzata wrote:
The2009RKO wrote:
I would choose 'INSTANT $1 MILLION' because in my opinion we must be content with what we have and we shouldn't be ambitious...well it's not a horrible thing but yeah this is just my opinion...
'who wants everything loses everything'  

Well said
Edit: nice siggy btw, you look different O.O  


Glad you liked it! Smile

And yeah...you know must change the look...Randy Orton one was too widely used. Razz

trainer772

Rank 5
trainer772
Joined
15 Feb 2012
Posts
3295
Location
Bowlofrice Korea, South
PostedFeb 01, 2013 6:14 pm
DontCaeria wrote:
You can live off of the interest of $1m. I'm assuming the other 50% is $0.  
If you ever found a bank that had a compound interest rate of 2%, you'd be getting $20,000 a year from interest. That's not enough to live for most regions; at best, it would supplement a decent income.

oSkOrpion

GameSage: Soldier Front 2
oSkOrpion
Joined
17 Jun 2012
Posts
2891
Location
The Plutonian Galactic Command Canada
PostedFeb 01, 2013 6:16 pm
There is a section called ODDS & ENDS

Use it.

Wayzata

Rank 2
Joined
18 Nov 2012
Posts
689
Location
Iraq
PostedFeb 01, 2013 6:18 pm
oSkOrpion wrote:
There is a section called ODDS & ENDS

Use it.  

w/e dude

minuzaki

Rank 4
Joined
08 Mar 2010
Posts
1620
Location
Hell. Denmark
PostedFeb 01, 2013 8:14 pm
1m I guess. With my luck, I'd end up with zip.


Kat Williams wrote:
Before Drake started sayin Y.O.L.O did ya'll sucka's think you could live twice or something?  

has moved to aeriagames.com/user/Ayvii

iBambi

Rank 5
iBambi
Joined
05 Oct 2010
Posts
4849
Location
Whale hunting in Norway
PostedFeb 02, 2013 1:24 am
100 million. Go hardddddddd.

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