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Monday, 4 October 2021
When intuition fails, how to use probability and statistics to find the real answers
Imagine there's a bus that arrives every 30 minutes on average and you arrive at the bus stop with no idea when the last bus left. How long can you expect to wait for the next bus? Intuitively, half of 30 minutes sounds right, but you'd be very lucky to wait only 15 minutes.