Re:Kelly Criterion
by antattack on Friday April 16, 2021 @01:01PM
(#26836406)
I understand, once 60% chance is established - then - that's what it is.
However, until such probability is established, if I see heads in a row - my intuition would tell me that the physics is skewed towards heads. I don't think that it would be unreasonable to think that in such circumstances until one gets a larger sample of throws.
However, until such probability is established, if I see heads in a row - my intuition would tell me that the physics is skewed towards heads. I don't think that it would be unreasonable to think that in such circumstances until one gets a larger sample of throws.