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  1. #1
    Player
    Clavaat's Avatar
    Join Date
    May 2012
    Location
    Ul'Dah
    Posts
    531
    Character
    Osric Sylador
    World
    Balmung
    Main Class
    Pugilist Lv 50
    Quote Originally Posted by Aegis View Post
    -snip-
    http://en.wikipedia.org/wiki/Gambler's_fallacy

    Basically, the idea is, it is not based on how many you do, but each on individually. You cannot base it off of time, because that would be a fallacy. 2.5% chance on one FATE is still a 2.5% chance on another. In other words, going by your time will not make sense based on other peoples' time. You each have a 2.5% chance per FATE. To make it simpler, let's say its a 50% drop rate. This does not mean in 2 FATEs, you should or are more likely to get the drop. It is calculated each and every time you enter.

    Therefore, farming for 15 minutes (another hyperbole on my part, I apologize), has the same odds as doing it for 5 hours. Your odds don't change based on the amount you do.
    (0)

  2. #2
    Player
    Aegis's Avatar
    Join Date
    Mar 2011
    Posts
    1,161
    Character
    Aegis Elisus
    World
    Balmung
    Main Class
    Armorer Lv 70
    Quote Originally Posted by Clavaat View Post
    http://en.wikipedia.org/wiki/Gambler's_fallacy

    Basically, the idea is, it is not based on how many you do, but each on individually. You cannot base it off of time, because that would be a fallacy. 2.5% chance on one FATE is still a 2.5% chance on another. In other words, going by your time will not make sense based on other peoples' time. You each have a 2.5% chance per FATE. To make it simpler, let's say its a 50% drop rate. This does not mean in 2 FATEs, you should or are more likely to get the drop. It is calculated each and every time you enter.

    Therefore, farming for 15 minutes (another hyperbole on my part, I apologize), has the same odds as doing it for 5 hours. Your odds don't change based on the amount you do.
    It's not an example of Gambler's Fallacy. If I were saying I've done x amounts of FATEs therefore my chance of getting the Atma on the next one is higher than if I'd only done one, that would be gambler's fallacy. I am extrapolating a likely timeframe from a sample set. That's how statistics work.

    Flipping a coin once has a 50/50 chance of not getting a Heads.

    Flipping a coin 100 times has a 1.268 to the 28th power of not getting a Heads

    The odds of the 100th flip being a heads is still 50/50 but the chance of none of the previous flips returning a Heads is Vanishingly Small. Which is a statistical term for techinically possible but in practice close enough to impossible to not be considered.

    You can assume rough timeframes from a known occurrence frequency. The precise occurrence frequency is not known but we do have a rough idea of it from testimonials from players. I know of no-one who got them all in less than 12 hours of play, and I know scores of people doing them.
    (1)
    Last edited by Aegis; 04-11-2014 at 12:13 AM.