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Author Topic: Are there any mathematicians in the forum?  (Read 62 times)
BernyJB (OP)
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January 31, 2022, 01:59:57 PM
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Here's something weird: I just realized (took me long enough, I know) that Bitcoin has the same acronym as the Broward Transition Center, the concentration camp (I mean, the "detention center") where I was starved half to death for over 8 months in 2012, prior to my deportation from the US.
That got me thinking: what are the odds?
I'm not interested in any "the odds are, like..." replies, but in the actual mathematical probability of the exact 3 letter combination happening.
I did learn mathematical probability in High School, but it's been a long time, and I don't remember anything about it, so if you guys can provide the equation for it, even better, so I can learn something.

Thanks in advance.  Smiley
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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BernyJB (OP)
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February 15, 2022, 06:14:48 PM
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I study math and statistics in college right now.

Thank you! Can you tell me how to calculate it? Cool
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February 16, 2022, 02:04:17 AM
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Bitcoin has the same acronym as the Broward Transition Center, the concentration camp (I mean, the "detention center") where I was starved half to death for over 8 months in 2012, prior to my deportation from the US.
That got me thinking: what are the odds?

Your question is slightly ambiguous. I'll try to answer the one I think you are asking.

There are 263, or 17576, possible combinations of 3 letters. Since there is only one way to make BTC, the probability of a random 3-letter acronym being BTC are 1/17576, or 0.0000568958. The probability of a particular camp not having the BTC acronym is 1 - 1/17576, or or 0.9999431042.

According to this list, https://en.wikipedia.org/wiki/List_of_immigrant_detention_sites_in_the_United_States, there were 363 camps in 2007-2009. Let's assume that each has a 3-letter acronym (they don't).

The probability of none of them having the BTC acronym is 0.9999431042363, or 0.979558.

The probability of at least one of them having the acronym BTC is 1 - 0.979558, or 2.0442%

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BernyJB (OP)
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February 17, 2022, 02:19:05 PM
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Your question is slightly ambiguous. I'll try to answer the one I think you are asking.

There are 263, or 17576, possible combinations of 3 letters. Since there is only one way to make BTC, the probability of a random 3-letter acronym being BTC are 1/17576, or 0.0000568958. The probability of a particular camp not having the BTC acronym is 1 - 1/17576, or or 0.9999431042.


Sorry, I realize I should've phrased it better. Embarrassed

Anyways, that was exactly what I meant. My question should've been: "What are the odds of something significant in your life having the exact same 3 letter acronym of your first investment?" Thank you, that clears it out nicely.  Smiley
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