Re: Analysis
Hi amoeba:
One of my other posts explains why the problem is simplified. In a nut shell, computing the expectation equation for the specific problem is probably too complex so I didn't even attempt it. But sometimes you can compute an expectation for a simpler problem and then draw reasonable inferences about the more complex problem. This is a very important statistical idea and is partly why I have spent so much time in this thread.
It is a very good way to "solve" some poker problems. But it is also a very bad way to solve some others since the simple model may not be close enough to reality to give you viable information.
By the way, many years ago a man named Copernicus did something similar.
Best wishes,
Mason
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