Birthday laws probability puzzle
Wouldn’t it be fun if you could get a holiday every year on your birthday?
Wouldn’t it be even better if your friends got the same holiday too?
Such a labor law would make for some fun parties. But it might have some interesting macro effects on the economy as a whole.
Here’s a probability puzzle that asks about this question explicitly.
In mathland, companies have to give a holiday to everyone whenever one employee has a birthday. Other than those holidays, employees work every day.
If a company wants to maximize the expected total number of man-hours worked per year, how many employees should it hire? Assume companies cannot discriminate in hiring based on someone’s birthday.
(problem reworded from this book)
As usual, I will be posting an answer on Friday in the comments section.
If you solve the problem, leave a comment about how long it took you.
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