User highgamma - MathOverflowmost recent 30 from http://mathoverflow.net2013-05-19T23:40:32Zhttp://mathoverflow.net/feeds/user/3444http://www.creativecommons.org/licenses/by-nc/2.5/rdfhttp://mathoverflow.net/questions/11497/reference-for-elementary-and-cool-statistics-or-financial-math/12550#12550Answer by Highgamma for Reference for elementary and "cool" statistics or financial mathHighgamma2010-01-21T16:26:07Z2010-01-21T16:26:07Z<p>One topic that I would cover is the St. Petersburg Game (or <a href="http://en.wikipedia.org/wiki/St.%5FPetersburg%5Fparadox" rel="nofollow">paradox</a>). Daniel Bernoulli's solution is the basis for expected utility theory and the rivalry between himself and his cousin Nicolas just makes it more fun. (The problem is well-suited to a visual description as well.)</p>
<p>Good luck.</p>