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Whats the Odds?

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    #21
    Originally posted by pauly View Post
    Actually, I did - https://www.mathsisfun.com/data/prob...dependent.html

    Don't say anything about the non-linear reduction of odds. Coin tosses are always 0.5 probability versus a lumpy odds reduction in a typical PSL recruitment funnel.
    Does the example near the bottom of the page about 1 in 5 to go through to a pool of two and then 1 in 2 to win cover your example?
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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      #22
      I tell people I know I am on the market and they give me a ring with an opportunity.

      Doesn't everyone?
      Always forgive your enemies; nothing annoys them so much.

      Comment


        #23
        Originally posted by northernladuk View Post
        Does the example near the bottom of the page about 1 in 5 to go through to a pool of two and then 1 in 2 to win cover your example?
        Yes it does. The Point I am making with the mathematical 1000:1 calculation is that the odds are very stacked against you if you chucking CVs at intermediaries via the likes of jobserve. There are limited barriers of entry and thus everyone and their dog does it. Its looking like a waste of time when there is large amounts of supply and limited or restricted demand.

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          #24
          Originally posted by WTFH View Post
          No they are not.
          0.5 probability of getting heads on a coin toss? - Only two choices.

          Getting heads a number of times in a row is a simple probability calculation - however the chance of the next coin toss being heads - is always going to be 0.5.

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            #25
            Originally posted by pauly View Post
            0.5 probability of getting heads on a coin toss? - Only two choices.

            Getting heads a number of times in a row is a simple probability calculation - however the chance of the next coin toss being heads - is always going to be 0.5.
            It tends to be 51/49 - Gamblers Take Note: The Odds in a Coin Flip Aren't Quite 50/50 | Science | Smithsonian

            Were you aware that if you toss 20 coins, the odds of getting 5 heads or 5 tails in a row is 25%?

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              #26
              Originally posted by pauly View Post
              Yes it does. The Point I am making with the mathematical 1000:1 calculation is that the odds are very stacked against you if you chucking CVs at intermediaries via the likes of jobserve. There are limited barriers of entry and thus everyone and their dog does it. Its looking like a waste of time when there is large amounts of supply and limited or restricted demand.
              Man that's just dumb.

              Hope you are going to heed your conclusion and leave the contracting market so making it a little easier for us that have a clue.

              Adios.
              'CUK forum personality of 2011 - Winner - Yes really!!!!

              Comment


                #27
                Originally posted by northernladuk View Post
                Man that's just dumb.
                Indeed. As any decent agent will avoid jobserve. They use specialist sites like *********. I don't think I will mention the one in my sector as I don't want others jumping in....

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                  #28
                  Originally posted by BrilloPad View Post
                  Indeed. As any decent agent will avoid jobserve. They use specialist sites like *********. I don't think I will mention the one in my sector as I don't want others jumping in....
                  Punternet?
                  'CUK forum personality of 2011 - Winner - Yes really!!!!

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                    #29
                    Originally posted by northernladuk View Post
                    Punternet?
                    Clearly you have not visited in years. Try a***t w***d....

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                      #30
                      Originally posted by BrilloPad View Post
                      Clearly you have not visited in years. Try a***t w***d....
                      Arses Wanted?
                      Always forgive your enemies; nothing annoys them so much.

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