Mathematicians suggest the "37% rule" for your life's biggest decisions - Deepstash

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The optimal sample rate while deciding on something.

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Mathematicians suggest the "37% rule" for your life's biggest decisions

Mathematicians suggest the "37% rule" for your life's biggest decisions

bigthink.com

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The 37 Percent Rule: Key Takeaways

When trying to pick the best among many options, how many samples should you try before you commit? This is known as the optimal stopping problem. 

Mathematicians tell us that, to maximize the chances of the best outcome, we...

The Mathematical Question And The Solution

The primary puzzle is asking how long do you spend sampling options to give the optimum chances of a successful final decision? How many frogs must you kiss to secure your chances of getting a prince?

Mathematicians have given us an answer: 37%. The basic idea is that, if y...

Exploit or Explore

Mathematics offers us the best answer to the “optimal stopping problem.” But there’s just one big issue with it: Humans are not rational probability-crunching machines. In fact, the opposite is usually true. We’re beautifully, infuriatingly, creatively, and messily chaotic.

In psychology an...

The Complexity Of Relationships

The world of interpersonal relations is hard to put a number on. Probabilities and game theory do funny things when you input the wobbly, fuzzy variables at play in human behaviour.

But the biggest problem with the 37% rule, or the idea of “exploring,” when...

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created 7 ideas

Every decision has two options, try something new (explore) or stick to the normal (exploit). So it becomes important when to explore and when to exploit. So here's the content that guide's you through this decision making and make your life more simple....

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