3 ms·
OOf, yeah, expected value is a very misleading metric. Hard for me to wrap my head around it. After 2 tosses, the probable outcomes are 25% 2.25, 50% .9, and 2
by tryptophan 6y ago
OOf, yeah, expected value is a very misleading metric. Hard for me to wrap my head around it.
After 2 tosses, the probable outcomes are 25% 2.25, 50% .9, and 25% .36, giving an expected value of 1.1025 interestingly enough. Overall a 75% chance of losing money.