You interview candidates one at a time and must hire or reject each one on the spot β no going back. When should you stop looking and commit? A famous probability problem with a surprising answer: 37%.
Start here β this is the source that inspired this exploration.
Imagine choosing a flat, a parking space or a hire β you see options one at a time, and once you pass on one, it's gone. The best known strategy is to look at the first 37% of options without committing, then take the next one that beats everything you've seen. That 37% is no accident: it is 1/e, and the strategy succeeds about 37% of the time, far better than guessing. This exploration mixes probability, simulation and a little calculus, and you can test the whole thing with a shuffled deck of numbered cards. The final calculus step, differentiating x ln x with the product rule to find the maximum, is AI HL content; AI SL students can find the optimal fraction by graphing the success probability against x = k/n and reading off the maximum instead.