Once I got enrolled for
Statistics major for my graduation, my life’s decisions had been highly influenced
by statistical distributions. Much as I studies about them, their impact on my
decision making became larger and larger.
One of the distribution which I use
most in taking any bivariate decisions like to buy or not, to go or not, is Bernoulli
distribution. It just makes life so simple. Toss a coin and you know what to
do. All those decision which have zero impact on your life but need to be taken
are done just by a flip of coin. Simple, easy, proven and efficient.
Though sports recognized is efficiency and implemented it long back as toss to start the game as result of the match will have more significance from the opponents than who starts first. Flipping a coin as decision making tool has generally given a cold shoulder otherwise and a lot of man hours have been then put to decide this way or that way when both leads to same destination and has no significant difference.
So if you are stuck with what color
to wear, what to eat pasta or salad, which place to go on holiday, which share
to buy when both are performing similar, stairs or elevator, highway or subway.
All done. Just by a flip of coin.
But remember the decision is always
yours’ and not of the coin you flipped. And no decision is right or wrong. What
you do with that decision makes it right or wrong. So start flipping.
