Calculate Expected Value Comic Strips
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Dilbert: The best way to make this decision is by calculating the expected value of each possible outcome. you multiply the... The Boss: Must pretend to be dead. Dilbert: I sense that were done here. The Boss: I hope the dead sometimes cover their ears.
Tags #401k plan, #afterlife, #charisma, #evil director, #expected - value basis, #free software upagrdes, #high potential reward, #human resources, #math, #odds seem low, #reward you in aftrelife, #seventy versions, #education, #business
Catbert, the Evil Director of Human Resources." Catbert: "Your 401K Retirement Plan will be replaced with a 401A plan." "The 'A' stands for afterlife." "You'll get no money in this life, but the company will reward you in the afterlife." Dilbert: "The odds of that happening seem low." CatBert: "Yes, but on an expected-value basis, a high potential reward compensates for low odds." "For example, how many free software upgrades would I need to promise you in the afterlife to make you work yourself to death this year?" Dilbert: "Seventy versions." "I resisted his charisma. But he got me with his math."
Dilbert says to Dogbert, "I spent my entire fortune to buy this supercomputer." Dogbert asks, "What does it do?" Dilbert replies, "It can calculate the value of pi to about a jillion decimal places . . ." Dilbert continues, "A lot of people TALK about the areas of circles, but I'm DOING something about it."
A man stands in front of Dogbert's desk and says, "We don't need any of your 'intuition' mumbo jumbo. We need quantitative data!" The man continues, "The only way to make decisions is to pull numbers out of the air, call them 'assumptions,' and calculate the net present value." The man continues, "Of course, you have to use the right discount rate, otherwise it's meaningless." Dogbert says, "Go away."
An employee from marketing, Dilbert and Wally sit at a conference table. The woman says, "And that's the marketing plan. Any comments?" Dilbert says, "It appears to be a bunch of obvious generalities and wishful thinking with no apparent business value." The woman thinks, "Marketing didn't turn out to be the glamour career I expected." Wally shows his copy of the plan to Dilbert and says, "I circled all the words you won't find in any dictionary."
Dilbert: The proposed system would reduce accidental employee deaths by 20 percent. CEO: What is the ratio of the value of an employee's life compared to real people? Dilbert: I find your question disturbing. CEO: Just tell me the answer, halfling!
Dilbert: Asok, there's no nice way to say this... do this mindless task for me because you're nothing but an intern and your time has very little value. Asok: There probably was a nice way to say that. Dilbert: It didn't jump out.
Boss: We're looking for engineers with short telomeres for their age. That's an indication that you value work above exercise. Man: But you have a company gym. Boss: That's our slacker trap!
Ted: You know what would be great? I'd like to see a matrix comparing the features of our past products. Boss: Dilbert, why don't you pull that together for our next meeting! Dilbert: That would take two days and the matrix would have no practical use. The problem here is that Ted doesn't have any skin in the game. I propose that Ted has to bang his head on the table whenever he causes me to do extra work. That will help Ted make better decision about the value of my time. Ted: Never mind. Dilbert: Ninja economics!
Dilbert: Every time I have an idea for a new app, I discover that ten people already created something just like it. As the population of the world increases, the potential value of every idea I have approaches zero. Dogbert: So, it's the entire world's fault that you have unoriginal ideas? Dilbert: Why does your agreeing sound like mocking?