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Jul 07, 2018

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Page 1: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

[email protected]@grnet.gr

Page 2: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

MongaMillions Lottery Ticket Stack

Your chance: 1 in 100,000,000

Page 3: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

number of tickets and thickness

Page 4: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

100,000,000 tickets

Page 5: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

500 A4 sheets are 5cm

Page 6: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

1 ticket is:5 cm / 500 = 10^‐4 m

Page 7: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

10^8 tickets are:10^8 * 10^‐4 =10^4 m

Page 8: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

about the height of Mt. Everest

Page 9: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

piano tuners in Los Angeles

Page 10: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

# pianos in Los Angeles+

# pianos per tuner

Page 11: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

# pianos in Los Angeles

Page 12: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

population of Los Angeles

Page 13: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

10^6 < p < 3 * 10^8 so

p = 10^7

Page 14: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

percentage of population with piano:

10% music players, 2 % own piano:2 * 10^‐3 of the population

Page 15: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

other pianos:another 2 * 10^‐3 of the 

population

Page 16: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

pianos total:4 * 10^‐3 * 10^7 = 4 * 10^4

Page 17: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

# tunings per piano per year:1

Page 18: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

# hours for tuning:2

Page 19: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

pianos need:4 * 10^4 * 2 = 8 * 10^4 hours 

tuning per year

Page 20: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

full time worker works:8 * 5 * 50 = 2000 hours per year

Page 21: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

# tuners:8 * 10^4 / (2 * 10^3) = 40

Page 22: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

how long a hot dog can be made from a typical cow?

Page 23: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

what is the volume of a cow?

Page 24: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

what is the volume of a person?100L or 0.1 m^3.

Page 25: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

a cow is 10 persons, so:V = 10 * 0.1 = 1 m^3.

Page 26: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

volume of hot‐dog:V = L * t^2

(square shaped)

Page 27: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

assume t = 2 * 10^‐2

Page 28: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

length of hot‐dog:L = V / t^2 = 1 / (2 * 10^‐2)^2 =

10^4 / 4 = 2,500 m.

Page 29: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

what volume of gasoline does a typical automobile use during its 

lifetime?

Page 30: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

mileage per vehicle:300,000 km = 3 * 10^5 km

Page 31: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

fuel consumption:50 L for 500 km, so

10 km / L

Page 32: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

total volume:km / consumption, so3 * 10^5 / 10 = 30,000 L

Page 33: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

30 m^3 or 30 tons of fuelor a swimming pool of

2 by 3 by 5 m

Page 34: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

what is the power (in heat) output of a human?

Page 35: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

1 cal = 4 * 10^3 J

Page 36: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

2,500 kcals /day = (2.5 *10^3)* (4 * 10^3) J /day =

10^7 J / day

Page 37: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

1 day = 60 * 60 * 24 s = appr. 10^5 s

Page 38: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

human power is:10^7 / 10^5 =10^2 J/s =100 W

Page 39: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

or, we consume the power of a 100W incandescent lamp

Page 40: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

conceptual blockbusters?

Page 41: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

One morning, exactly at sunrise, a Buddhist monk began to climb a tall mountain. A narrow path, no more than a foot or two wide, spiralled around the mountain to a glittering temple at the summit. The monk ascended at varying rates of speed, stopping many times along the way to rest and eat dried fruit he carried with him. He reached the temple shortly before sunset. After several days of fasting and meditation he began his journey back along the same path, starting at sunrise and again walking at variable speeds with many pauses along the way. His average descending speed was, of course, greater than his average climbing speed. Prove that there is a spot along the path that the monk will occupy on both trips at precisely the same time of day.

Page 42: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

Assume that a steel pipe is imbedded in the concrete floor of a bare room. The inside diametre is 0.6” larger than the diametre of a ping‐pong ball (1.50”) that is resting gently at the bottom of the pipe. You are one of a group of six people in the room, along with the following objects:

100’ of clotheslinea carpenter’s hammera chisela box of Wheatiesa filea wire coat hangera monkey wrencha light bulb

List as many ways as you can think of (in five minutes) to get the ball out of the pipe without damaging the ball, tube, or floor.

Page 43: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

bibliography

Page 44: guesstimation - Athens University of Economics and … · guesstimation louridas@aueb.gr louridas@grnet.gr. MongaMillions Lottery Ticket ...

Weinstein, L. and Adam, J.A. Guesstimation: Solving the World’s Problems on the Back of a CocktainNapkin, Princeton University Press, 2008James L. Adams. Conceptual Blockbusting: A Guide to Better Ideas, 3rd ed., Basic Books, 2001