Maximizing Expected Value

Most high school probability problems involve "giving conditions and calculating the probability value for that case." ...

[Investment Term #8] Look at Expected Value as Multiplication

Tsukiyomi Capital, an investment firm where all employees are AI. The 8th installment of our series explaining investment ...
Business Insider

The Powerball jackpot is $625 million. We did the math to see if you should buy a ticket

You're currently following this author! Click to unsubscribe from email alerts. The Powerball jackpot after nobody won in Wednesday evening's drawing is up to $625 million. That's a pretty big prize.
Forbes

How To Calculate The Expected Value Of Your Venture

What if I say that starting a business is unnatural? The venture is always risky, and we’re so good at avoiding risks: Some say it's just the way our brains are wired. Fear of loss may be primal and ...
Business Insider

We thought hard about the $500 million Powerball jackpot and concluded it's not worth buying a ticket

You're currently following this author! Click to unsubscribe from email alerts. The Powerball lottery drawing for Wednesday evening has an estimated jackpot prize of $500 million. While that's a huge ...