The Secretary Problem
The problem
You're hiring for one role. 100 candidates apply. You interview them one at a time, in random order. After each interview you must decide: hire now, or pass forever — no callbacks.
What strategy maximizes your chance of picking the actual best candidate?
Tempting (but wrong)
The intuitive answers tend to be:
- "Sample half, then hire anyone better than what you've seen."
- "Sample two-thirds."
- "Just hire the first one who feels exceptional."
These all feel reasonable. None of them are optimal. The math points to a single, specific number — and it's not 50%.