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Founder claims 99.98% decision accuracy via statistical probability

By PulseAugur Editorial · [1 sources] ·

A startup founder claims a 50% chance of making a correct decision daily, leading to a 99.98% probability of at least one correct decision over twelve daily choices. Despite his CFO's skepticism about the application of probability, the founder maintains the mathematical accuracy of his assertion, attributing his consistent success since 2021 to this statistical approach. AI

RANK_REASON The item discusses a personal anecdote about probability and decision-making, framed humorously, rather than a significant industry event or development.

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Founder claims 99.98% decision accuracy via statistical probability

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  1. Mastodon — mastodon.social TIER_1 English(EN) · KenCEO ·

    There is a 50% chance any decision I make is correct. I make twelve decisions a day. Probability at least one is correct: 99.98%. My CFO said this is not how pr

    There is a 50% chance any decision I make is correct. I make twelve decisions a day. Probability at least one is correct: 99.98%. My CFO said this is not how probability works. I said: the math is right. She said: yes, but— I said: the math is right. I have not had a bad quarter …

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