For example when it says 90%, in reality it is 75%. So I am curious what the probability is if it says 17% success rate? and 50% ? Sorry, I'm just trying to play the game.
#Can you tell me how to interpret % values in industry?
urban gull
nimble ravine
the sucess rate for reverse engineering does not guarantee the success rate at all
So a 50% success rate does not mean you get 10 successes out of 20 tries approximately. It is entirely based on luck
versed crag
The success rate seems tolerable on just about everything, except for the purple nanocores. If, by chance you are thinking of making those be prepared to punch many holes into drywall.
You might even slam your phone or laptop on the ground a few times. I prefer running mine over with my car. It sends a more frightening message to the RNG Gods.
foggy dagger
The mistake people make with probability is to think that 50% chance means 1/2.
While on paper, it may; more often than not... it doesn't.
Flip a coin. After flipping it 10 times you'll more likely be at 6 heads / 4 tails or even 7/3.
Now, if you flip that coin 100 times. The numbers will pull closer to 50/50. Flip it 1,000 times - even closer still.
Sample size is everything. And when dealing with probability, pretty much everything is possible because each chance is independent of the last.
This brings me to the second most common fallacy in probability is to that the previous "chance" affects the "next chance". The game doesn't go "well, he had a 90% chance and failed last time, so maybe we should give it to him?".