文中案例参考了Courtney K. Taylor的文章《How to Calculate the Expected Value》 甭管是出于好奇心理“想长长见识”还是志在于此,很多去澳门和拉斯维加斯旅游的人应该都进过赌场,赌场里一般都会有轮盘赌;另一方面,不管是哪个国家,都有本国发行的彩票。今天的主题是用期望值的概念来探究一下玩轮盘赌和买彩票赢钱...
Learning how to calculate expected value in poker can seem like a daunting task. It’s one of those topics that you put off learning, simply because it always seems a little too tricky to try and get your head around. But to be honest, when you see equations like this…...
Python allows programmers to perform the task, here is the Python program to calculate the expected value -# Importing NumPy library import numpy as nump # Defining function to calculate Expected Value def calculateExpectedValue(values, weights): values = nump.asarray(values) weights = nump.as...
Calculators> Input the number of trials (n or X) into the “X” box, then type the probability into the “P(x)” box. Click “Calculate Expected Value”. For multiple probabilities, click the “More” button to enter more X/P(X) ...
Check your understanding of how to calculate expected value in probability with this interactive quiz and printable worksheet. These practice...
line. I included it because it demonstrates how the normal distribution functions, and limits the range from
3. Calculating Expected Return for a Bond: If you want to calculate the expected return for a bond in Excel, enter this formula: =RATE(nper, pmt, pv, fv) * nper Here: “nper” represents the number of periods. “pmt” is the periodic payment. “pv” is the present value. “fv...
How to calculate the percent error when the expected value is zero?Question:How to calculate the percent error when the expected value is zero?Error valueThe error value is the deviation between the actual value of the data set and the expected value, as the value of error increase...
Calculate the expected rate of return and the stand Explain the difference between expected value and expected utility theories Consider an investment that pays off $350 or $1,100 per $1,000 invested with equal probability. Suppose you have $1,000 but are willing to borrow to increase ...
st: How to calculate unconditional expected value after tobit FromMichael Stole <mmstole@gmail.com> Tostatalist@hsphsun2.harvard.edu Subjectst: How to calculate unconditional expected value after tobit DateWed, 14 Aug 2013 09:58:32 -0400...