Submitted by Holiday_Chemistry_72 t3_11emupg in explainlikeimfive
We can give it 100 million/billion years and eventually no matter how low it will occur. It's like 1% in Xcom.
It can happen tomorrow or it will take the next trillion years but eventually it will occur. 100%, no matter what.
Thanks
breckenridgeback t1_jaexili wrote
Suppose we have a 1% chance that something happens.
The chance it doesn't happen the first time is 99%.
The chance it doesn't happen the second time is 99%, independently of the first (we do need some degree of independence here, or your statement isn't true). So the chance it didn't happen either of the first two times is 99% times 99%, or 0.99 times 0.99, or 0.9801.
The chance it doesn't happen the third time, still 99%. So the chance it didn't happen any of the first three times is now 0.99 times 0.99 times 0.99.
You can hopefully see a pattern. The chance for the event to fail every one of the first n times is 0.99 times 0.99 times ... times 0.99, n times. In other words, that chance is 0.99^(n). And the limit of 0.99^n as n goes to infinity is 0, meaning that the probability that you manage to dodge your low probability outcome gets closer and closer to zero the larger the number of attempts you have.
Nothing about this depended on the exact 1% / 99% probabilities. All we needed was for that 99% to be less than 100%, i.e., for the 1% to be greater than 0%. As long as that's true, given some non-zero probability of success p, (1-p)^n always goes to 0 as n -> infinity (and therefore the chance you fail every time goes to zero as well).