Probabilities and the Warren Buffett March madness challenge

Warren Buffett has put forth a challenge for anyone to try to pick the winners of all 63 matches in the March madness NCAA tournament. The odds of getting it right were quoted as anywhere from one in 4,294,967,296 or one in 9,223,372,036,854,775,808 at the Forbes website. The one in 9,223,372,036,854,775,808 seems to have gotten […]

Posted by Larry on March 19th, 2014 | 1 Comment Posted in Methodolgy Issues, The Media