Recent content by tlonist

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    Solving expected value problem with logistic function

    I have an expected value problem where z is a desired expected value and I want to reach and x is an amount I can vary. There is a probabilty of success based on a logistic function ρ(x) with a reward of λx and failure with a probability of (1-ρ(x)) and loss of x. I am trying to solve for...
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