This cool video from ASAP Science. It explains the classic Monty Hall problem, a counter-intuitive look at the probability as a deceivingly straight forward problem. It also has something to do with successful trading. Successful trading is not about correctly predicting the future, it is about assessing probabilities and risk management. Enjoy.
Cool Video: Monty Hall Problem Explained in Less than 3 Minutes
Reviewed by Marc Chandler
on
February 16, 2013
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