Mathematics

Paradox: Triple Or Bust

Today I have a decision problem for you. ...

Article - Johannes Koelman - Jan 30 2017 - 8:31am

Triple Or Bust: Paradox Resolved

A few days ago I discussed the coin toss game ‘ triple or bust ‘. The game is between Alice and Bob. Alice start the game by writing a $ 1.00 IOU to Bob. Alice then makes at least six subsequent tosses with a fair coin. On each ‘heads’ Alice triples the I ...

Article - Johannes Koelman - Feb 2 2017 - 1:49pm

Trevor Hastie Lectures In Padova

Trevor Hastie, the Stanford University guru on Statistical Learning (he coined the term together with his colleagues Tibshirani and Friedman) is in Padova this week, where he is giving a short course on his pet topic and a seminar. I am happy to report thi ...

Article - Tommaso Dorigo - Nov 1 2017 - 9:18am

Many World/Mind Zen And Gambling: Large Bets And Happy Enough Ceiling

Mental Health Warning: Many World/Mind (MW/M) descriptions may aggravate mental conditions; suicidal ideation has been recognized as a pitfall along the path of Zen-like wisdoms by a wide range of authors as diverse as to include Carlos Castaneda. (Sugges ...

Article - Sascha Vongehr - Jan 8 2018 - 8:13pm

Random Walk Between Limits Versus Here And Now In Many World/Mind Zen Gambling

The most crucial to happy gambling generally (apart from being prepared for losing, since you create a losing copy of yourself with certainty) is your Happy-Enough-Ceiling, where if you reach it, you leave with your winnings. The trivial example is enteri ...

Article - Sascha Vongehr - Jan 8 2018 - 11:11pm

New Didactic Challenge: Turn The Roulette Table On The Casino

SOCK-PUPPET: All your talk about betting strategies is irrelevant to the casino. The casino takes the money from those who just lost and gives it to those who won, from black to red or red to black. On average, every 37 times the ball hits the zero and th ...

Article - Sascha Vongehr - Jan 20 2018 - 9:02am

The Wisdom Of Crowds- Now With Even More Wisdom

In 1907,Francis Galton recorded the entries from a competition where people guessed the weight of an ox. After analyzing hundreds of estimates the statistician found that while individual guesses varied wildly, the median of the entries was surprisingly a ...

Article - News Staff - Apr 19 2018 - 4:10pm

Riemann Hypothesis: Has One Of Math's Great Mysteries Finally Been Solved?

Over the past few days, the mathematics world has been abuzz over the news that Sir Michael Atiyah, the famous Fields Medalist and Abel Prize winner, claims to have solved the Riemann hypothesis. ...

Article - The Conversation - Oct 8 2018 - 1:07pm

Internet Of Things Security: Unclonable Digital Fingerprints

At the International Solid-State Circuits Conference last week, Rice University integrated circuit (IC) designers unveiled technology they say is 10 times more reliable than current methods of producing unclonable digital fingerprints for Internet of Thing ...

Article - News Staff - Feb 27 2019 - 2:42pm

Probability Abuse: Why P-Values And Statistical Significance Are So Often Misunderstood

Have you read this week a claim by the Harvard School of Public Health that Food Z is linked to cancer or from our U.S. National Institute of Environmental Health Sciences (NIEHS) claims Chemical X is linked to Harm Y? It's technically true, though in ...

Article - News Staff - May 21 2019 - 11:55am