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Old 07-25-2007, 09:07 PM
ig06 ig06 is offline
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Join Date: Oct 2006
Location: UK
Posts: 27
Default Re: question

I said:
[ QUOTE ]
I note that in your example if you win 79 times you end up 38 units up and if you win 80 times you end up 40 units up if I’ve understood correctly. So I will use 80 times.

[/ QUOTE ]

Sorry, I had already assumed (in my head) for the sake of example that p=0.5. Obviously since you are comparing with the expectation, this has to be changed accordingly if p is different!
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