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  2. Odds algorithm - Wikipedia

    en.wikipedia.org/wiki/Odds_algorithm

    In decision theory, the odds algorithm (or Bruss algorithm) is a mathematical method for computing optimal strategies for a class of problems that belong to the domain of optimal stopping problems. Their solution follows from the odds strategy , and the importance of the odds strategy lies in its optimality, as explained below.

  3. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    The mathematics of gambling is a collection of probability applications encountered in games of chance and can get included in game theory.From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, and it is possible to calculate by using the properties of probability on a finite space of possibilities.

  4. Bayes' theorem - Wikipedia

    en.wikipedia.org/wiki/Bayes'_theorem

    This problem can also be solved using ... is by definition the odds for and against ... posterior odds equals prior odds times likelihood ratio. For example, ...

  5. 10 Hard Math Problems That Even the Smartest People in the ...

    www.aol.com/10-hard-math-problems-even-150000090...

    Despite the greatest strides in mathematics, these hard math problems remain unsolved. Take a crack at them yourself. ... For example, x²-6 is a polynomial with integer coefficients, since 1 and ...

  6. Poker probability - Wikipedia

    en.wikipedia.org/wiki/Poker_probability

    In statistics, this is called odds against. For instance, with a royal flush, there are 4 ways to draw one, and 2,598,956 ways to draw something else, so the odds against drawing a royal flush are 2,598,956 : 4, or 649,739 : 1. The formula for establishing the odds can also be stated as (1/p) - 1 : 1, where p is the aforementioned probability.

  7. A College Student Just Solved a Notoriously Impossible Math ...

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    A college student just solved a seemingly paradoxical math problem—and the answer came from an incredibly unlikely place. Skip to main content. 24/7 Help. For premium support please call: 800 ...

  8. Collatz conjecture - Wikipedia

    en.wikipedia.org/wiki/Collatz_conjecture

    In more generality: For all p ≥ 1 and odd h, f p − 1 (2 p h − 1) = 2 × 3 p − 1 h − 1. (Here f p − 1 is function iteration notation.) For all odd h, f(2h − 1) ≤ ⁠ 3h − 1 / 2 ⁠ The Collatz conjecture is equivalent to the statement that, for all k in I, there exists an integer n ≥ 1 such that f n (k) = 1.

  9. Recession forecasts have been wrong for years. Here's why a ...

    www.aol.com/finance/recession-forecasts-wrong...

    For example, the NBER didn't ... who made an estimated $100 million betting against the US housing market in 2007. ... It's a rather simple math equation: If the three-month average of the ...

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