Faculty News

Professor Aaron Tenenbein explains the statistical probability of Robert Bailey winning the New York Lottery by playing the same numbers for 25 years

Excerpt from the The New York Times -- "Aaron Tenenbein, a statistics professor at New York University’s Leonard N. Stern School of Business, estimated Mr. Bailey’s odds would have been 1 out of 115,385. 'It doesn’t matter if he’s playing the same number; it’s still the same chance,' Mr. Tenenbein said. In other words: 'It’s pure luck.'"

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