Monday, April 23, 2007

By the Numbers

Our two resident actuarials, John Damitz & Jeff Farr thought it would be fun to run some numbers on how likely different triathlon scenarios will be. Below are their findings…

We have created a FV3 Triathlon proprietary piece of software. Its purpose is to include all race parameters and output the likelihood of potential race scenarios. The race parameters include:

- Race distances
- Physical strengths/weaknesses of each participant
- Character strength/weaknesses of each participant
- Competitiveness index for each participant
- Likely support available for each participant

The “Likelihood” is defined as follows:

50% represents the demarcation line: values above 50% translate to “Yes” with 100% being “Absolutely Yes”. Values below 50% translate into “No” with 0% being “Absolutely Not”.

The first list includes general questions on the overall race:

ScenarioLikelihood
All participants will finish the race93.4%
All High Priest participants will finish the race99.9%
All Relief Society participants will finish the race99.9%
All Elders Quorum participants will finish the race 72.8%

The second list includes questions on more specific scenarios:

ScenarioLikelihood
Beau McCraney will win the swimming portion of the race (**note this question was asked before adding Christy Monson as a participant)94%
Curt Huffmire will complete the race47%
Assuming Jillyn Huffmire spend ½ the time she currently puts towards the Triathlon Wives Support group, Curt Huffire will complete the race95%
Paul Hafen’s clothing and accessories will be the most color-coordinated97%
Charlie South will cause a delay to the start of the race by refusing to change out of a speedo.88%
Bishop Rick Johnson will "lose count" of his laps in the pool and finish early.62%

As the software is configured to the Triathlon it will support all race scenarios. If you would like to see the likelihood for a scenario of your own feel free to leave it as a Comment and we’ll run it through.

John & Jeff

1 comment:

Angela said...

Once again my education is questioned. Just to be sure I want to show everyone I do know how to count from 1 to 24: 1,2,3,4,5,8(Brother Greathouse is ahead until this lap),10(President Miller reverted to counting the way he does on the golf course, which is creatively. According to President Borgquist),11,12,13,15(I see Brother John's running a lap instead of swimming), 16,17,18, 23(Beau is almost done), 24. I win...oh yeah. This is not about winning(according to Brother Blake)so I go back and swim laps: 6,7,9,14,19,20,21,22. This time I find I've lost. But I can live with myself.