#10

The Birthday Paradox

Also asked as: The birthday problem · shared birthday paradox · how many people for a shared birthday

One of the classic quant interview questions, free to read in full.

Reported at:Two SigmaSIG

Problem

How many people must be in a room before the probability that some two share a birthday exceeds 50%? Justify the number, and explain why it's so much smaller than most people guess. (Ignore Feb 29; assume 365 equally likely birthdays.)

Your answer

Accepts decimals, fractions (5/12), and percentages (25%).

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