Recent content by Korg

Completely agree.. But in this case if we played both games with exactly the same variance (always playing red/black) they would still have slightly different expectation values.

Brilliant! I thought as much. Given that we know the variance of a roulette game, could you or anyone else go into more depth about the value of game 2 if you were to play red/black? Also maybe more detail as to why a risky strategy is the more profitable one long term? Any level of maths is...

So it's been such a long time since I studied statistics at school/college/university that I'm rusty to say the least and hoped you guys could help me out with this. Something is telling me that these two games must have a different value despite being similar, but if you brilliant folks could...

I got exactly the same answer, so hopefully it's right!

Thanks a lot, i get it now. I just wasnt sure how to handle it with 2 variables and then realized you can just treat it as a normal simultaneous equation when you're working with the same modulo. And yes i do, you've found me out haha

Homework Statement Solve the following system of simulataneous congruences: 2X+3Y = 2(mod 5) X+2Y = 3 (mod 5) X+2Y = 3 (mod 7) 4X+3Y = 4 (mod 7) Homework Equations The Attempt at a Solution I know how to solve a similar problem if there was just one variable, using the...