enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Lottery mathematics - Wikipedia

    en.wikipedia.org/wiki/Lottery_mathematics

    In a typical 6/49 game, each player chooses six distinct numbers from a range of 1–49. If the six numbers on a ticket match the numbers drawn by the lottery, the ticket holder is a jackpot winner— regardless of the order of the numbers. The probability of this happening is 1 in 13,983,816. The chance of winning can be demonstrated as ...

  3. Law of truly large numbers - Wikipedia

    en.wikipedia.org/wiki/Law_of_truly_large_numbers

    For an event X that occurs with very low probability of 0.0000001% (in any single sample, see also almost never), considering 1,000,000,000 as a "truly large" number of independent samples gives the probability of occurrence of X equal to 1 − 0.999999999 1000000000 ≈ 0.63 = 63% and a number of independent samples equal to the size of the ...

  4. Sortition - Wikipedia

    en.wikipedia.org/wiki/Sortition

    In governance, sortition is the selection of public officials or jurors at random, i.e. by lottery, in order to obtain a representative sample. [1][2][3][4] In ancient Athenian democracy, sortition was the traditional and primary method for appointing political officials, and its use was regarded as a principal characteristic of democracy. [5 ...

  5. Applications of randomness - Wikipedia

    en.wikipedia.org/wiki/Applications_of_randomness

    Uses of an apparent lack of pattern or predictability in events. Randomness has many uses in science, art, statistics, cryptography, gaming, gambling, and other fields. For example, random assignment in randomized controlled trials helps scientists to test hypotheses, and random numbers or pseudorandom numbers help video games such as video poker.

  6. Sampling (statistics) - Wikipedia

    en.wikipedia.org/wiki/Sampling_(statistics)

    Sampling (statistics) In statistics, quality assurance, and survey methodology, sampling is the selection of a subset or a statistical sample (termed sample for short) of individuals from within a statistical population to estimate characteristics of the whole population. The subset is meant to reflect the whole population and statisticians ...

  7. St. Petersburg paradox - Wikipedia

    en.wikipedia.org/wiki/St._Petersburg_paradox

    The St. Petersburg paradox or St. Petersburg lottery[1] is a paradox involving the game of flipping a coin where the expected payoff of the lottery game is infinite but nevertheless seems to be worth only a very small amount to the participants. The St. Petersburg paradox is a situation where a naïve decision criterion that takes only the ...

  8. Inverse transform sampling - Wikipedia

    en.wikipedia.org/wiki/Inverse_transform_sampling

    Inverse transformation sampling takes uniform samples of a number between 0 and 1, interpreted as a probability, and then returns the smallest number such that for the cumulative distribution function of a random variable. For example, imagine that is the standard normal distribution with mean zero and standard deviation one.

  9. Randomness - Wikipedia

    en.wikipedia.org/wiki/Randomness

    In common usage, randomness is the apparent or actual lack of definite pattern or predictability in information. [1][2] A random sequence of events, symbols or steps often has no order and does not follow an intelligible pattern or combination. Individual random events are, by definition, unpredictable, but if there is a known probability ...