Thread: variance of a coin flip
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Old 12-10-2004, 05:00 AM
The Goober The Goober is offline
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Default variance of a coin flip
Suppose you play a game where you bet for even money on a fair coin toss. Say you play at a rate of 100 bets an hour. Obviously your EV is exactly 0 no matter how long you play, but what's your variance?
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