Discussion about math, puzzles, games and fun. Useful symbols: ÷ × ½ √ ∞ ≠ ≤ ≥ ≈ ⇒ ± ∈ Δ θ ∴ ∑ ∫ • π ƒ ¹ ² ³ °
 

You are not logged in. #51 20121231 09:09:23
Re: binomial standard deviation in french rouletteDetermining your advantage can be easy, just a simple calculation or very difficult. It depends on the game. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #53 20121231 13:26:53
Re: binomial standard deviation in french rouletteI am assuming that you are being paid 35 to 1 on a number straight up. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #55 20130101 01:22:46
Re: binomial standard deviation in french rouletteIf the probability is 1 / 37 then the odds are 36 to 1. If you are paid 36 to 1 then the house has no percentage. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #57 20130101 01:32:14
Re: binomial standard deviation in french rouletteSo you are paid 35 to 1. The one you bet does not count. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #59 20130101 01:39:07
Re: binomial standard deviation in french rouletteOkay, for your 48 out of a 1000 model, provided that is a true estimate of the mean. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #61 20130101 02:03:27
Re: binomial standard deviation in french rouletteThat is what I told you. But 1000 trials is a lot larger than 30 trials. We can say that the sample ( the thousand trials ) mean is pretty close to the true mean. From what you have given it is the best estimate I can do. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #62 20130101 23:42:55
Re: binomial standard deviation in french roulette
We might start again. #63 20130102 01:01:00
Re: binomial standard deviation in french rouletteHi;
That is not correct. We covered the expected value of the experiment ( 48 / 1000 ), we used the central limit theorem to state that the wheel probably has an average close to ( 48 / 1000 ) and I explained the standard deviation.
Like any empirical experiment it can only provide evidence. Statistics you can say is designed to make mathematical sense out of data like yours. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #65 20130129 13:25:14
Re: binomial standard deviation in french rouletteHi; In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #67 20130129 20:26:59
Re: binomial standard deviation in french rouletteHi; In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #69 20130129 21:02:37
Re: binomial standard deviation in french rouletteThat is the point! You have tons and I have nothing but one example. I do not think I can get much more out of one example. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #70 20130129 21:12:55
Re: binomial standard deviation in french rouletteOk. I want to find out the actual mean of numbers that we have small samples. #71 20130129 21:32:34
Re: binomial standard deviation in french rouletteHow much sooner? In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. #73 20130129 21:46:36
Re: binomial standard deviation in french rouletteTo do better than what was done before requires more samples. In mathematics, you don't understand things. You just get used to them. I have the result, but I do not yet know how to get it. All physicists, and a good many quite respectable mathematicians are contemptuous about proof. 