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Results tagged with pr.probability
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user 1779
Theory and applications of probability and stochastic processes: e.g. central limit theorems, large deviations, stochastic differential equations, models from statistical mechanics, queuing theory.
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Evaluate a fair game [closed]
I'm not a mathematician, so my question may be not so clear, sorry.
Let's say we toss up an ideal coin and win 1 dollar on heads and lose 1 dollar on tails. So, expected value is M = 1×0.5 − 1×0.5 = …
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