rare event

David Spiegelhalter explains that waiting for an infinite number of monkeys to produce the complete works of Shakespeare is not just a probabilistic certainty, it also gives us an insight into how long we can expect to wait for a rare event to happen.
 

You meet an old friend on holiday, you find your colleague shares your birthday, you win the lottery. Exactly how rare are these rare events? David Spiegelhalter investigates in his regular column on uncertainty and risk.

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