Re:Speculating on the Animal Crossing Turnip Market
by ISL on Sunday May 03, 2020 @10:21AM
(#23059144)
Furthermore, I suspect it requires that each measurement is independent and identically-distributed.
If your measurements are correlated (as prices generally are -- if they were lower than average yesterday, they are more likely to be lower than average today), the secretary-problem approach will not work.
If your measurements are correlated (as prices generally are -- if they were lower than average yesterday, they are more likely to be lower than average today), the secretary-problem approach will not work.