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Benfords Law - an interesting article
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| January 3rd, 2012 at 10:34:18 PM permalink | |
| Pando Member since: Jul 24, 2010 Threads: 23 Posts: 91 | http://plus.maths.org/content/os/issue9/features/benford/index This is a good explanation of Benfords Law which I am sure is known to all mathematicians among us. I was hoping to apply it to roulette numbers but apparently its not applicable But its a good read in any case |
| January 4th, 2012 at 8:24:15 AM permalink | |
| MathExtremist Member since: Aug 31, 2010 Threads: 46 Posts: 2518 | It is, to a degree. You can't make any money from it, but consider: the likelihood of the leading digit of a roulette result being 4 through 9 is much lower than 1, 2, or 3. "In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563 |
| January 4th, 2012 at 11:04:04 AM permalink | |
| dwheatley Member since: Nov 16, 2009 Threads: 10 Posts: 550 | I think the frequency that all the numbers come up over X trials may follow the Benford distribution. Not that you could use that to win money... Wisdom is the quality that keeps you out of situations where you would otherwise need it |
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