Math table October 16, 2018
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The Strong Law of Large Numbers is a way to formalize the notion that
"Expected value is what you expect to get on average in the long run."
We will discuss an analog of this claim for the St. Petersburg Paradox,
a game with infinite expected value. Time permitting, we will also
mention an analog of the Weak Law of Large Numbers.
Prerequisites: Familiarity with random variables and expected value (2.5 chili talk) Also note that on Monday, Oct. 15 there will be an Open Neighborhood Talk by Bena Tshishiku: titled "The odd thing about car sunshades" Abstract: There's something magical about the Magic Shade Magic Shade It has to do with topology, group theory, and the mathematics of braids and links. |