### Probabilities vs. Possibilities – The Red Marble Experiment

September 19, 2015

I recently came across an experiment where participants are asked to choose between two urns, one containing 10 marbles (Urn A), of which 1 is red, and one containing 100 marbles (Urn B), of which 8 are red. If the participant draws a red marble at first trial, then he/she wins a prize. This is … More Probabilities vs. Possibilities – The Red Marble Experiment