| bio | website | |
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| visits | member for | 11 months |
| seen | Dec 13 '12 at 17:45 | |
| stats | profile views | 2 |
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Dec 6 |
comment |
Profit estimation with a dice: 10 dollars for 6, -1 dollar for anything else I don't disagree, but I also think that OP is new to the subject and probably haven't been taught the mathematical vocabulary to express himself in the proper way. From OP's statements I think it's inferred that we're talking about expectation, or 'probabilistic common sense' as he put it. His lack of formalism does not make him wrong. |
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Dec 6 |
comment |
Profit estimation with a dice: 10 dollars for 6, -1 dollar for anything else Naa, he's kinda right. Every 6 throws he'll get $5, on average. He's just stating it in a convoluted way. |
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Dec 6 |
answered | How to calculate discounted inflation and growth? |
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Dec 6 |
awarded | Supporter |