Secretary problem

Rarity: Common

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At a glance

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Notion

Domain

Science and technology

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What Wikipedia says

The secretary problem demonstrates a scenario involving optimal stopping theory that is studied extensively in the fields of applied probability, statistics, and decision theory. It is also known as the marriage problem, the sultan's dowry problem, the fussy suitor problem, the googol game, and the best choice problem.

Excerpt from the Wikipedia article “Secretary problem”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: cmglee, CC BY-SA 4.0, via Wikimedia Commons.