(I wasn’t able to find this specific question, so sorry if it’s been asked before)
Earlier today, I was told I would get a call between 5:00 and 6:00. If we make the assumption that this call is, for certain, going to occur within the specified time frame, I was under the assumption that every minute that passed would result in an increase in probability of the call would happen. For example, I was thinking that for the first minute the chance I get the call are 1/60, while the second minute would be 1/59 (as there are now only 59 minutes in which it could happen) and so on until the last minute is 1/1 (if I had still not received the call).
However, I was thinking back to my Freshman statistics course where my professor was talking about how the chances of the event happening at any given moment are the same, regardless of what time it is. In this case, at any given minute, the chance of me getting a call would still be 1/60. Unfortunately, I don’t remember any of the terminology that goes with these concepts, so I can’t remember if that actually applies to this problem.
So, in short, does the probability of something presumably inevitable increase as time passes? Or is the chance the same at any given moment?
In: Mathematics
The terminology you would be looking for is “replacement”.
Drawing marbles until you hit the odd-colored one is with replacement if you put every drawn marble back before drawing the next (which keeps the probability of an odd-colored draw constant), and without replacement if you don’t (which gradually increases the probability of an odd-colored draw).
Your example is about drawing minutes without replacement, since the call is guaranteed to come within the hour and every elapsed minute will not come up as a possible “call window” again.
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