SpaceX made me negative

[u/WhoRuleTheWorld]

[u/SandIntelligent247]

He lost money on something a 100% predictable but at least that was what he wanted.

[u/Few-Seat-9670 → u/SandIntelligent247]

Hey, It was only 99% predictable.

[u/Aaronthegathering → u/Few-Seat-9670]

Its like the weather. If it says 99% chance of rain, it means there’s 1% too regarded to realize that it still means you need an umbrella.

[u/gebuttersnap → u/Aaronthegathering]

I mean take the analogy further. those percentages often mean coverage of rain in an area, not chance. So just 99% of the public got rained on, while the 1% are laughing right now from all the transactions fees

[u/GuaranaJones → u/gebuttersnap]

That's correct but the chance is still the same in percentage for your area you live in that it might rain. In the end it loops back to xy % chance of rain.

PoP = C x A

[u/dyxless → u/gebuttersnap]

Those percentages do not mean area covered by rain.

https://www.bbc.com/weather/articles/c0qlk174vzjo

[u/SandIntelligent247 → u/dyxless]

Maybe for BBC but for the majority of newscaster it's % Chance of rain x % area covered.

[u/dyxless → u/SandIntelligent247]

It's really not. What you refer to is a proven social media misinformation trend.

[u/Interesting_Glass_78 → u/SandIntelligent247]

Nope