Latest Posts with Probability tag

Probability

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Probability and Bitcoin

26 Dec 2020 2 minute read 0 comments Thalers-r

Probability is a numeric representation of how probable / likely an event to occur. The probability of an event to occur is between 0 and 1, where 0 means “impossible”, “never going to happen”, etc and 1 means that it occurs on each and every try. We...

How Plinko Probabilities & Odds Are Determined

6 Sep 2020 4 minute read 0 comments MintDice.com

If you aren't familiar with the game of Plinko, simply put, you first start with a triangle game board that has a bunch of pegs the whole way down. A piece is often dropped at the top center (though this can vary depending on your Plinko game being u...

Teamfight Tactics (FREE GAME) - Top Player Review

9 Jun 2020 2 minute read 0 comments Lodhfiaz

Hello guys, I hope you are going well. Today I want to share with you some news about a video game that I like : TeamFight Tactics.  What is this game about ? It is a strategy game in which 8 people compete and where everyone has to develop the stron...

The Black-Scholes Model: The Foundation of Modern Quantitative Finance and the Dawn of Financial Capital(ism)

13 Feb 2020 4 minute read 2 comments rhyzom

Quantitative or mathematical finance is applied mathematics which deals with modeling of financial markets and it's mostly focused in two areas - derivatives pricing and risk/portfolio management. It overlaps with the related domains of computational...