All of fluchess's Comments + Replies
IIT proposes that consciousness is integrated information.
The key difference between a brain and the hard disk is the disk has no way of knowing what it is actually sensing. Brain can tell difference between many more sense and receive and use more forms of information. The camera is not conscious of the fact it sensing light and colour.
This article is a good introduction to the topic and the photodiode example in the paper is the simple version of your question http://www.biolbull.org/content/215/3/216.full
I participated in an economics experiment a few days ago, and one of the tasks was as follows. Choose one of the following gambles where each outcome has 50% probability Option 1: $4 definitely Option 2: $6 or $3 Option 3: $8 or $2 Option 4: $10 or $1 Option 5: $12 or $0
I choose option 5 as it has the highest expected value. Asymptotically this is the best option but for a single trial, is it still the best option?
Here's one interesting way of viewing it that I once read:
Suppose that the option you chose, rather than being a single trial, were actually 1,000 trials. Then, risk averse or not, Option 5 is clearly the best approach. The only difficulty, then, is that we're considering a single trial in isolation. However, when you consider all such risks you might encounter in a long period of time (e.g. your life), then the situation becomes much closer to the 1,000 trial case, and so you should always take the highest expected value option (unless the amounts involved are absolutely huge, as others have pointed out).
Think it is really good using maths like this in the real world to improve skills.
I would presume what assume that arrival time would follow a normal distribution and be slanted further to the right (As there will be a minimum time to get somewhere, but no maximum time taken value that occurs) so not sure whether using the percentages is necessary.
Agree that this post should be on the main page.
Hi everyone, I am a 19 year old undergraduate science student majoring in statistics living in Australia. For fun I play chess and flute which I am quite mediocre at but find them both stimulating and challenging. I am always trying to improve myself in one way or another, whether it be learning or practicing skills.
I have an academic interest in maths, statistics and biology and would eventually want to be a biostatistician. I was originally seen as academically gifted, however after years of not working hard, I am trying to regain my academic vigor and ...
Why do I have a moral duty to do wrong thing? Shouldn't I act in my own self interest to maximise the amount of money I make?