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St. Petersburg Paradox - Introduction
Course Topic(s): Probability | Discrete Distributions, geometric and negative binomial | Famous Problems, St. Petersburg paradox
Extensive discussion of the classic St. Petersburg paradox with numerous alternatives given to the classic formulation. Mathematical discussion includes expected value of the classic problem, as well as, the iterated version, and finite version. Different solutions to solving the paradox are given. Philosophical discussion of solutions of the paradox are included.
Resource URL: http://en.wikipedia.org/wiki/St._Petersburg_paradox
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Subject classification(s):
Univariate Distributions
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Probability
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Statistics and Probability
Creator(s): Wikipedia
Contributor(s): Wikipedia authors
This resource was cataloged by Carolyn Cuff
Publisher:Wikipedia
Resource copyright: Creative Commons Attribution-ShareAlike
This review was published on September 25, 2012
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