3 ms·
> Also, Expected Value works under the “law of large numbers” assumptions. Technically, EV has nothing to do with sample size. But I get your point that in suf
by superbcarrot 6y ago
> Also, Expected Value works under the “law of large numbers” assumptions.
Technically, EV has nothing to do with sample size. But I get your point that in sufficiently small sample sizes and/or sufficiently large bet sizes you might need to think about utility rather than expectation.