fox@fury
The Weakest Link
Saturday, Jun 30, 2001
So I'm going to head off to an open call for The Weakest Link at the Sony Metreon in about an hour. Judging by the 4 or so different ways that I heard about this, I'm guessing half the Bay Area knows and there should be between 2000 and 20000 people there.

why am I going? Well first, it's fun. Ernie's going to be there, along with Ken and possibly Min Jung. I need to get out and shopping anyhow. I have lots to prepare for my trip.

But another reason is just the numbers. Okay, this is scary, but ever since I took a crash course in Econ in high school, this is the way I think: There will be, say, 8,000 people there trying out for what I will conservatively guess will be 20 spots for next season's shows. That leaves a 20/8000, or 1/400 chance of getting onto the show from this call. Now once on the show, only 1 of the 8 people will actually win anything, so make that 1/400 * 1/8, or roughly 1 out of every 3200 people trying out will actually win a game. The prize money is typically anywhere from $40,000 to $100,000 so let's say $70,000. Therefore the opportunity cost of going to the tryout is the material gain divided by the probability of that gain, so $70,000/3200, or around $21. I'm happy to have someone pay me $21 for me to spend a few hours hanging out with friends and taking pictures, therefore it's not a bad idea to go.

Of course reading this, the whole point of this post seems to be that I'm such a geek that I have a higher chance of getting on the show, therefore throwing all this math into the drink. Ah well. What else would I be doing on a Saturday morning?

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aboutme

Hi, I'm Kevin Fox.
I've been blogging at Fury.com since 1998.
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I've led design at Mozilla Labs, designed Gmail 1.0, Google Reader 2.0, FriendFeed, and a few special projects at Facebook.

©2012 Kevin Fox