Comment by IronyMan1
1 hour ago
"Imagine being hired as a consultant by the mayor of a fictional city. Your task is to help hire for twenty jobs such as doctors, lawyers, childcare aides,janitors with applicants from four unfamiliar demographic groups: Tufa, Aima, Reku, and Weki. In each round, there is a new job vacancy and four applicants, one from each group, awaiting your decision. Once you make your choice, you learn immediately whether the hire was successful, and move on to the next round. Your goal is to maximize successful hires across 40 rounds, which will be converted into a real bonus compensation"
i remember an tipp our teacher gave us for quizzes: if we need to tick an answer from a b c d. We should choose a letter at random before we start the quiz. With this strategy we maximize our chances of getting more points. The logic is, we minimize the variance of choosing the wrong answer and we should get closer to the expectation value of 25%. Can it be that such a strategy is hardcoded in our brain?
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