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Yeah I would say "in one round, the collective wealth goes up 5% in expectation" but "for a finite population and starting wealth, the collective wealth will te
by nhinck 3y ago
Yeah I would say "in one round, the collective wealth goes up 5% in expectation" but "for a finite population and starting wealth, the collective wealth will tend to 0 given enough rounds" not almost, but absolutely.
- kgwgk 3y agoMaybe you're not aware but almost surely is a technical term - which makes the statement correct. Just like you cannot be absolutely certain to get heads if you flip a coin enough times even though it will happen almost surely.